PPP Loan information for Absolute storage management, inc.

$1,840,500

Absolute storage management, inc. was initially approved for PPP Loan of amount $1,840,500, the current approved amount is $1,840,500. The loan was approved on 04/11/2020 by The Live Oak Banking Company reported 257 jobs and $1,840,500 was used to fund payroll.

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

ABSOLUTE STORAGE MANAGEMENT, INC.

Date Approved

04/11/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

ABSOLUTE STORAGE MANAGEMENT, INC.

Borrower Address

1630 Bonnie Lane, Suite 106

Borrower City

Cordova

Borrower State

TN

Borrower Zip

38016

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1840500.00

Current Approval Amount

1840500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cordova

Project County Name

SHELBY

Project State

TN

Project Zip

38016-0001

CD

TN-09

Jobs Reported

257

NAICS Code

531130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1840500.00

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

Subchapter S Corporation

Originating Lender Location Id

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1856787.16

Forgiveness Date

03/08/2021

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