PPP Loan information for Absolute care inc

$517,813

Absolute care inc was initially approved for PPP Loan of amount $517,813, the current approved amount is $517,813. The loan was approved on 04/11/2020 by The First Horizon Bank reported 135 jobs and $517,813 was used to fund payroll.

Absolute care inc is Existing or more than 2 years old

PPP Loan Search / LA / MONROE / Absolute care inc

ABSOLUTE CARE INC

Date Approved

04/11/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

ABSOLUTE CARE INC

Borrower Address

500 N 21ST ST

Borrower City

MONROE

Borrower State

LA

Borrower Zip

71201-6532

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

517813.00

Current Approval Amount

517813.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MONROE

Project County Name

OUACHITA

Project State

LA

Project Zip

71201-6532

CD

LA-05

Jobs Reported

135

NAICS Code

624120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

517813.00

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

Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

525465.13

Forgiveness Date

10/07/2021

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