PPP Loan information for Absolute turn, inc

$483,194

Absolute turn, inc was initially approved for PPP Loan of amount $483,194, the current approved amount is $483,194. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 34 jobs and $483,194 was used to fund payroll.

Absolute turn, inc is New Business or 2 years or less

ABSOLUTE TURN, INC

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ABSOLUTE TURN, INC

Borrower Address

1704 S WOLF RD

Borrower City

WHEELING

Borrower State

IL

Borrower Zip

60090-6517

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

483194.00

Current Approval Amount

483194.00

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

New Business or 2 years or less

Project City

WHEELING

Project County Name

COOK

Project State

IL

Project Zip

60090-6517

CD

IL-09

Jobs Reported

34

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

483194.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

471895.47

Forgiveness Date

10/21/2021

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