PPP Loan information for Absolute construction inc.

$479,355

Absolute construction inc. was initially approved for PPP Loan of amount $479,355, the current approved amount is $479,355. The loan was approved on 01/17/2021 by The American Community Bank of Indiana reported 40 jobs and $479,355 was used to fund payroll.

Absolute construction inc. is Existing or more than 2 years old

ABSOLUTE CONSTRUCTION INC.

Date Approved

01/17/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

ABSOLUTE CONSTRUCTION INC.

Borrower Address

954 Kennedy Ave Ste A

Borrower City

Schererville

Borrower State

IN

Borrower Zip

46375-7000

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

479355.00

Current Approval Amount

479355.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84416

Servicing Lender Name

American Community Bank of Indiana

Servicing Lender Address

8230 Hohman Ave

Servicing Lender City

MUNSTER

Servicing Lender State

IN

Servicing Lender Zip

46321-1516

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Schererville

Project County Name

LAKE

Project State

IN

Project Zip

46375-7000

CD

IN-01

Jobs Reported

40

NAICS Code

236118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

479350.00

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

Corporation

Originating Lender Location Id

84416

Originating Lender

American Community Bank of Indiana

Originating Lender City

MUNSTER

Originating Lender State

IN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

481711.83

Forgiveness Date

07/23/2021

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