PPP Loan information for Absolute auto llc

$35,228

Absolute auto llc was initially approved for PPP Loan of amount $35,228, the current approved amount is $35,228. The loan was approved on 04/28/2020 by The Liberty Bank reported 2 jobs and $35,228 was used to fund payroll.

Absolute auto llc is Existing or more than 2 years old

ABSOLUTE AUTO LLC

Date Approved

04/28/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

ABSOLUTE AUTO LLC

Borrower Address

305 Broad St

Borrower City

New London

Borrower State

CT

Borrower Zip

06320

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

35227.50

Current Approval Amount

35227.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16282

Servicing Lender Name

Liberty Bank

Servicing Lender Address

315 Main St

Servicing Lender City

MIDDLETOWN

Servicing Lender State

CT

Servicing Lender Zip

06457-3345

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

New London

Project County Name

NEW LONDON

Project State

CT

Project Zip

06320-0001

CD

CT-02

Jobs Reported

2

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

35227.50

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

16282

Originating Lender

Liberty Bank

Originating Lender City

MIDDLETOWN

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

35736.34

Forgiveness Date

10/14/2021

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