PPP Loan information for Absolute machine control technologies,

$51,330

Absolute machine control technologies, was initially approved for PPP Loan of amount $51,330, the current approved amount is $51,330. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 3 jobs and $51,330 was used to fund payroll.

Absolute machine control technologies, is Existing or more than 2 years old

ABSOLUTE MACHINE CONTROL TECHNOLOGIES,

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ABSOLUTE MACHINE CONTROL TECHNOLOGIES,

Borrower Address

1333 EVELYN ST APT 1

Borrower City

ROCKFORD

Borrower State

IL

Borrower Zip

61103

Loan Status Date

04/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

51330.00

Current Approval Amount

51330.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROCKFORD

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61103-1100

CD

IL-16

Jobs Reported

3

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

51330.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

51785.53

Forgiveness Date

03/24/2021

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