PPP Loan information for Absolute resource associates, llc

$274,000

Absolute resource associates, llc was initially approved for PPP Loan of amount $274,000, the current approved amount is $274,000. The loan was approved on 04/06/2020 by The Bangor Savings Bank reported 28 jobs and $274,000 was used to fund payroll.

Absolute resource associates, llc is Existing or more than 2 years old

ABSOLUTE RESOURCE ASSOCIATES, LLC

Date Approved

04/06/2020

SBA Office Code

0189

Processing Method

PPP

Borrower Name

ABSOLUTE RESOURCE ASSOCIATES, LLC

Borrower Address

124 HERITAGE AVENUE UNIT 16

Borrower City

PORTSMOUTH

Borrower State

NH

Borrower Zip

03801-5621

Loan Status Date

11/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

274000.00

Current Approval Amount

274000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29389

Servicing Lender Name

Bangor Savings Bank

Servicing Lender Address

24 Hamlin Way

Servicing Lender City

BANGOR

Servicing Lender State

ME

Servicing Lender Zip

04401-6497

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PORTSMOUTH

Project County Name

ROCKINGHAM

Project State

NH

Project Zip

03801-5621

CD

NH-01

Jobs Reported

28

NAICS Code

541380

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

274000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

29389

Originating Lender

Bangor Savings Bank

Originating Lender City

BANGOR

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

265481.33

Forgiveness Date

11/03/2020

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