PPP Loan information for Absolute motors inc

$41,337

Absolute motors inc was initially approved for PPP Loan of amount $41,337, the current approved amount is $41,337. The loan was approved on 04/11/2020 by The Bank of America, National Association reported 4 jobs and $41,337 was used to fund payroll.

Absolute motors inc is Existing or more than 2 years old

ABSOLUTE MOTORS INC

Date Approved

04/11/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

ABSOLUTE MOTORS INC

Borrower Address

9161 PRICES COVE LN

Borrower City

FORT BELVOIR

Borrower State

VA

Borrower Zip

22060-7424

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41337.00

Current Approval Amount

41337.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FORT BELVOIR

Project County Name

FAIRFAX

Project State

VA

Project Zip

22060-7424

CD

VA-11

Jobs Reported

4

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

41337.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

38142.62

Forgiveness Date

05/27/2021

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