PPP Loan information for Absolute construction, inc.

$415,000

Absolute construction, inc. was initially approved for PPP Loan of amount $415,000, the current approved amount is $415,000. The loan was approved on 04/04/2020 by The American Community Bank of Indiana reported 41 jobs and $415,000 was used to fund payroll.

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

PPP Loan Search / IN / SCHERERVILLE / Absolute construction, inc.

ABSOLUTE CONSTRUCTION, INC.

Date Approved

04/04/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

ABSOLUTE CONSTRUCTION, INC.

Borrower Address

954 KENNEDY AVE SUITE A

Borrower City

SCHERERVILLE

Borrower State

IN

Borrower Zip

46375-1326

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

415000.00

Current Approval Amount

415000.00

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

46375-1326

CD

IN-01

Jobs Reported

41

NAICS Code

236118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

20750.00

Payroll Proceed

352750.00

Mortgage Interest Proceed

0.00

Rent Proceed

41500.00

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

407283.75

Forgiveness Date

11/03/2020

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