PPP Loan information for Absolute construction enterprises, inc.

$328,000

Absolute construction enterprises, inc. was initially approved for PPP Loan of amount $328,000, the current approved amount is $328,000. The loan was approved on 04/05/2020 by The Johnson Bank reported 15 jobs and $328,000 was used to fund payroll.

Absolute construction enterprises, inc. is Existing or more than 2 years old

PPP Loan Search / WI / RACINE / Absolute construction enterprises, inc.

ABSOLUTE CONSTRUCTION ENTERPRISES, INC.

Date Approved

04/05/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

ABSOLUTE CONSTRUCTION ENTERPRISES, INC.

Borrower Address

6618 6 Mile Road

Borrower City

RACINE

Borrower State

WI

Borrower Zip

53402-9766

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

328000.00

Current Approval Amount

328000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77025

Servicing Lender Name

Johnson Bank

Servicing Lender Address

555 Main St

Servicing Lender City

RACINE

Servicing Lender State

WI

Servicing Lender Zip

53403-1032

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RACINE

Project County Name

RACINE

Project State

WI

Project Zip

53402-9766

CD

WI-01

Jobs Reported

15

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

41000.00

Payroll Proceed

246000.00

Mortgage Interest Proceed

41000.00

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

77025

Originating Lender

Johnson Bank

Originating Lender City

RACINE

Originating Lender State

WI

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

331540.60

Forgiveness Date

05/21/2021

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