PPP Loan information for Absolute standards inc

$382,830

Absolute standards inc was initially approved for PPP Loan of amount $382,830, the current approved amount is $382,830. The loan was approved on 05/04/2020 by The Ion Bank reported 21 jobs and $382,830 was used to fund payroll.

Absolute standards inc is Existing or more than 2 years old

ABSOLUTE STANDARDS INC

Date Approved

05/04/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

ABSOLUTE STANDARDS INC

Borrower Address

P.O. Box 5585

Borrower City

Hamden

Borrower State

CT

Borrower Zip

06518-0585

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

382829.65

Current Approval Amount

382829.65

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16333

Servicing Lender Name

Ion Bank

Servicing Lender Address

87 Church St

Servicing Lender City

NAUGATUCK

Servicing Lender State

CT

Servicing Lender Zip

06770-4111

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hamden

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06518-0585

CD

CT-03

Jobs Reported

21

NAICS Code

325998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

382829.65

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

Subchapter S Corporation

Originating Lender Location Id

16333

Originating Lender

Ion Bank

Originating Lender City

NAUGATUCK

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

385577.63

Forgiveness Date

01/26/2021

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