PPP Loan information for Absolute machine inc

$38,329

Absolute machine inc was initially approved for PPP Loan of amount $38,329, the current approved amount is $38,329. The loan was approved on 03/05/2021 by The Peoples Bank reported 5 jobs and $38,329 was used to fund payroll.

Absolute machine inc is Existing or more than 2 years old

ABSOLUTE MACHINE INC

Date Approved

03/05/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

ABSOLUTE MACHINE INC

Borrower Address

6515 Denver Industrial Park Rd

Borrower City

Denver

Borrower State

NC

Borrower Zip

28037-9794

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

38328.90

Current Approval Amount

38328.90

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

N

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

28037-9794

CD

NC-10

Jobs Reported

5

NAICS Code

332993

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

38326.90

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

38518.42

Forgiveness Date

09/08/2021

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