PPP Loan information for Absolute medical equipment, inc.

$98,000

Absolute medical equipment, inc. was initially approved for PPP Loan of amount $98,000, the current approved amount is $98,000. The loan was approved on 04/14/2020 by The Customers Bank reported 12 jobs and $98,000 was used to fund payroll.

Absolute medical equipment, inc. is Existing or more than 2 years old

ABSOLUTE MEDICAL EQUIPMENT, INC.

Date Approved

04/14/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

ABSOLUTE MEDICAL EQUIPMENT, INC.

Borrower Address

30 E Gordon Rd

Borrower City

Newnan

Borrower State

GA

Borrower Zip

30263

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

98000.00

Current Approval Amount

98000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Newnan

Project County Name

COWETA

Project State

GA

Project Zip

30263-1000

CD

GA-03

Jobs Reported

12

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

98000.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

98808.16

Forgiveness Date

03/01/2021

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