PPP Loan information for Absolute process instruments inc.

$347,040

Absolute process instruments inc. was initially approved for PPP Loan of amount $347,040, the current approved amount is $347,040. The loan was approved on 01/23/2021 by The Lake Forest Bank & Trust Company, National Association reported 23 jobs and $347,040 was used to fund payroll.

Absolute process instruments inc. is Existing or more than 2 years old

PPP Loan Search / IL / Libertyville / Absolute process instruments inc.

ABSOLUTE PROCESS INSTRUMENTS INC.

Date Approved

01/23/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

ABSOLUTE PROCESS INSTRUMENTS INC.

Borrower Address

1220 American Way

Borrower City

Libertyville

Borrower State

IL

Borrower Zip

60048-3936

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

347040.00

Current Approval Amount

347040.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117732

Servicing Lender Name

Lake Forest Bank & Trust Company, National Association

Servicing Lender Address

727 N Bank Ln

Servicing Lender City

LAKE FOREST

Servicing Lender State

IL

Servicing Lender Zip

60045-1887

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Libertyville

Project County Name

LAKE

Project State

IL

Project Zip

60048-3936

CD

IL-10

Jobs Reported

23

NAICS Code

334419

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

347040.00

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

117732

Originating Lender

Lake Forest Bank & Trust Company, National Association

Originating Lender City

LAKE FOREST

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

348996.92

Forgiveness Date

08/24/2021

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