PPP Loan information for Absolute business solutions inc.

$2,000,000

Absolute business solutions inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/07/2021 by The Live Oak Banking Company reported 128 jobs and $2,000,000 was used to fund payroll.

Absolute business solutions inc. is Existing or more than 2 years old

PPP Loan Search / VA / Herndon / Absolute business solutions inc.

ABSOLUTE BUSINESS SOLUTIONS INC.

Date Approved

02/07/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

ABSOLUTE BUSINESS SOLUTIONS INC.

Borrower Address

560 Herndon Pkwy Ste 240

Borrower City

Herndon

Borrower State

VA

Borrower Zip

20170-5246

Loan Status Date

03/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Herndon

Project County Name

FAIRFAX

Project State

VA

Project Zip

20170-5246

CD

VA-11

Jobs Reported

128

NAICS Code

541519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999994.00

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

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2019287.67

Forgiveness Date

02/04/2022

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