PPP Loan information for Absolute distribution

$128,987

Absolute distribution was initially approved for PPP Loan of amount $128,987, the current approved amount is $128,987. The loan was approved on 04/28/2020 by The Manufacturers and Traders Trust Company reported 21 jobs and $128,987 was used to fund payroll.

Absolute distribution is Existing or more than 2 years old

PPP Loan Search / PA / SCRANTON / Absolute distribution

ABSOLUTE DISTRIBUTION

Date Approved

04/28/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

ABSOLUTE DISTRIBUTION

Borrower Address

149 Penn Avenue

Borrower City

SCRANTON

Borrower State

PA

Borrower Zip

18503

Loan Status Date

03/02/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

128987.00

Current Approval Amount

128987.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SCRANTON

Project County Name

LACKAWANNA

Project State

PA

Project Zip

18503-1200

CD

PA-08

Jobs Reported

21

NAICS Code

424920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3000.00

Payroll Proceed

112987.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

13000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

129704.38

Forgiveness Date

11/23/2020

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