PPP Loan information for Absolute business solutions, inc.

$3,773,400

Absolute business solutions, inc. was initially approved for PPP Loan of amount $3,773,400, the current approved amount is $3,773,400. The loan was approved on 04/14/2020 by The Live Oak Banking Company reported 129 jobs and $3,773,400 was used to fund payroll.

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

ABSOLUTE BUSINESS SOLUTIONS, INC.

Date Approved

04/14/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

ABSOLUTE BUSINESS SOLUTIONS, INC.

Borrower Address

560 Herndon ParkwaySuite 240

Borrower City

Herndon

Borrower State

VA

Borrower Zip

20170

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

3773400.00

Current Approval Amount

3773400.00

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

20170-2000

CD

VA-11

Jobs Reported

129

NAICS Code

541519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3773400.00

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

3638095.28

Forgiveness Date

06/11/2021

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