PPP Loan information for Absolute metal finishing inc

$681,400

Absolute metal finishing inc was initially approved for PPP Loan of amount $697,500, the current approved amount is $681,400. The loan was approved on 04/04/2020 by The Walpole Co-Operative Bank reported 50 jobs and $681,400 was used to fund payroll.

Absolute metal finishing inc is Existing or more than 2 years old

PPP Loan Search / MA / NORWOOD / Absolute metal finishing inc

ABSOLUTE METAL FINISHING INC

Date Approved

04/04/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ABSOLUTE METAL FINISHING INC

Borrower Address

90 Morse Street

Borrower City

NORWOOD

Borrower State

MA

Borrower Zip

02062-2325

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

697500.00

Current Approval Amount

681400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89283

Servicing Lender Name

Walpole Co-Operative Bank

Servicing Lender Address

982 Main St

Servicing Lender City

WALPOLE

Servicing Lender State

MA

Servicing Lender Zip

02081-2828

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORWOOD

Project County Name

NORFOLK

Project State

MA

Project Zip

02062-2325

CD

MA-08

Jobs Reported

50

NAICS Code

332813

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

671400.00

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

89283

Originating Lender

Walpole Co-Operative Bank

Originating Lender City

WALPOLE

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

686188.73

Forgiveness Date

12/23/2020

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