PPP Loan information for Absolute power inc.

$504,197

Absolute power inc. was initially approved for PPP Loan of amount $504,197, the current approved amount is $504,197. The loan was approved on 03/27/2021 by The Community First Bank reported 51 jobs and $504,197 was used to fund payroll.

Absolute power inc. is Existing or more than 2 years old

ABSOLUTE POWER INC.

Date Approved

03/27/2021

SBA Office Code

1094

Processing Method

PPS

Borrower Name

ABSOLUTE POWER INC.

Borrower Address

725 N 26th Ave

Borrower City

Pasco

Borrower State

WA

Borrower Zip

99301-4472

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

504197.00

Current Approval Amount

504197.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122608

Servicing Lender Name

Community First Bank

Servicing Lender Address

6401 W Clearwater Ave

Servicing Lender City

KENNEWICK

Servicing Lender State

WA

Servicing Lender Zip

99336-1794

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Pasco

Project County Name

FRANKLIN

Project State

WA

Project Zip

99301-4472

CD

WA-04

Jobs Reported

51

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

504194.00

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

Subchapter S Corporation

Originating Lender Location Id

122608

Originating Lender

Community First Bank

Originating Lender City

KENNEWICK

Originating Lender State

WA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

505835.64

Forgiveness Date

07/23/2021

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