PPP Loan information for Absolute welding inc.

$203,300

Absolute welding inc. was initially approved for PPP Loan of amount $203,300, the current approved amount is $203,300. The loan was approved on 02/10/2021 by The U.S. Bank, National Association reported 12 jobs and $203,300 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

02/10/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

ABSOLUTE WELDING INC.

Borrower Address

101 Walnut St

Borrower City

Borden

Borrower State

IN

Borrower Zip

47106-8318

Loan Status Date

04/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

203300.00

Current Approval Amount

203300.00

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

47106-8318

CD

IN-09

Jobs Reported

12

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

203298.00

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

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

205513.71

Forgiveness Date

03/17/2022

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