PPP Loan information for Absolute machine inc

$38,300

Absolute machine inc was initially approved for PPP Loan of amount $38,300, the current approved amount is $38,300. The loan was approved on 04/13/2020 by The Peoples Bank reported 5 jobs and $38,300 was used to fund payroll.

Absolute machine inc is Existing or more than 2 years old

PPP Loan Search / NC / DENVER / Absolute machine inc

ABSOLUTE MACHINE INC

Date Approved

04/13/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ABSOLUTE MACHINE INC

Borrower Address

6515 Denver Industrial Rd

Borrower City

DENVER

Borrower State

NC

Borrower Zip

28037

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38300.00

Current Approval Amount

38300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50396

Servicing Lender Name

Peoples Bank

Servicing Lender Address

518 W 'C' St

Servicing Lender City

NEWTON

Servicing Lender State

NC

Servicing Lender Zip

28658

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DENVER

Project County Name

LINCOLN

Project State

NC

Project Zip

28037-0001

CD

NC-10

Jobs Reported

5

NAICS Code

332710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

38300.00

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

Corporation

Originating Lender Location Id

50396

Originating Lender

Peoples Bank

Originating Lender City

NEWTON

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

38689.38

Forgiveness Date

04/27/2021

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