PPP Loan information for Absolute process instruments, inc.

$347,000

Absolute process instruments, inc. was initially approved for PPP Loan of amount $347,000, the current approved amount is $347,000. The loan was approved on 04/04/2020 by The Lake Forest Bank & Trust Company, National Association reported 23 jobs and $347,000 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

04/04/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ABSOLUTE PROCESS INSTRUMENTS, INC.

Borrower Address

1220 AMERICAN WAY

Borrower City

LIBERTYVILLE

Borrower State

IL

Borrower Zip

60048-3936

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

347000.00

Current Approval Amount

347000.00

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

334519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

43375.00

Payroll Proceed

260250.00

Mortgage Interest Proceed

0.00

Rent Proceed

43375.00

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

349429.00

Forgiveness Date

12/23/2020

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