PPP Loan information for Absolute machinery corporation

$363,317

Absolute machinery corporation was initially approved for PPP Loan of amount $363,317, the current approved amount is $363,317. The loan was approved on 01/30/2021 by The Loan Source Incorporated reported 23 jobs and $363,317 was used to fund payroll.

Absolute machinery corporation is Existing or more than 2 years old

PPP Loan Search / MA / Worcester / Absolute machinery corporation

ABSOLUTE MACHINERY CORPORATION

Date Approved

01/30/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

ABSOLUTE MACHINERY CORPORATION

Borrower Address

33 Southgate St

Borrower City

Worcester

Borrower State

MA

Borrower Zip

01610-1720

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

363317.00

Current Approval Amount

363317.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Worcester

Project County Name

WORCESTER

Project State

MA

Project Zip

01610-1720

CD

MA-02

Jobs Reported

23

NAICS Code

423830

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

363317.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

366094.14

Forgiveness Date

11/16/2021

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