PPP Loan information for Absorption systems llc

$2,714,100

Absorption systems llc was initially approved for PPP Loan of amount $2,714,100, the current approved amount is $2,714,100. The loan was approved on 04/14/2020 by The PNC Bank, National Association reported 189 jobs and $2,714,100 was used to fund payroll.

Absorption systems llc is Existing or more than 2 years old

ABSORPTION SYSTEMS LLC

Date Approved

04/14/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

ABSORPTION SYSTEMS LLC

Borrower Address

436 CREAMERY WAY

Borrower City

EXTON

Borrower State

PA

Borrower Zip

19341-2578

Loan Status Date

09/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2714100.00

Current Approval Amount

2714100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EXTON

Project County Name

CHESTER

Project State

PA

Project Zip

19341-2578

CD

PA-06

Jobs Reported

189

NAICS Code

541715

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2714100.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2749383.30

Forgiveness Date

07/30/2021

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