Date Approved
04/08/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
ABSORBENTS MIDWEST, INC.
Borrower Address
23040 Industrial Drive E. PO Box 688
Borrower City
SAINT CLAIR SHORES
Borrower State
MI
Borrower Zip
48080
Loan Status Date
02/17/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
76200.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
116998
Servicing Lender Name
CIBC Bank USA
Servicing Lender Address
120 S LaSalle St
Servicing Lender City
CHICAGO
Servicing Lender State
IL
Servicing Lender Zip
60603-3403
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MACOMB
Project State
Project Zip
48080-0001
CD
MI-10
Jobs Reported
7
NAICS Code
423840
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
76646.62
Forgiveness Date
11/12/2020