PPP Loan information for Absolute welding, inc

$164,765

Absolute welding, inc was initially approved for PPP Loan of amount $164,765, the current approved amount is $164,765. The loan was approved on 04/15/2020 by The U.S. Bank, National Association reported 20 jobs and $164,765 was used to fund payroll.

Absolute welding, inc is Existing or more than 2 years old

PPP Loan Search / IN / BORDEN / Absolute welding, inc

ABSOLUTE WELDING, INC

Date Approved

04/15/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

ABSOLUTE WELDING, INC

Borrower Address

101 WALNUT ST

Borrower City

BORDEN

Borrower State

IN

Borrower Zip

47106

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

164765.00

Current Approval Amount

164765.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BORDEN

Project County Name

CLARK

Project State

IN

Project Zip

47106-0001

CD

IN-09

Jobs Reported

20

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

164765.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

166430.96

Forgiveness Date

04/19/2021

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