PPP Loan information for Absolute construction inc

$250,856

Absolute construction inc was initially approved for PPP Loan of amount $250,856, the current approved amount is $250,856. The loan was approved on 03/18/2021 by The Iowa State Bank reported 20 jobs and $250,856 was used to fund payroll.

Absolute construction inc is Existing or more than 2 years old

PPP Loan Search / IA / Sibley / Absolute construction inc

ABSOLUTE CONSTRUCTION INC

Date Approved

03/18/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

ABSOLUTE CONSTRUCTION INC

Borrower Address

1956 Pierce Ave

Borrower City

Sibley

Borrower State

IA

Borrower Zip

51249-7005

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

250856.35

Current Approval Amount

250856.35

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25094

Servicing Lender Name

Iowa State Bank

Servicing Lender Address

1101 Main St

Servicing Lender City

HULL

Servicing Lender State

IA

Servicing Lender Zip

51239

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sibley

Project County Name

OSCEOLA

Project State

IA

Project Zip

51249-7005

CD

IA-04

Jobs Reported

20

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

250856.35

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

25094

Originating Lender

Iowa State Bank

Originating Lender City

HULL

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

252075.79

Forgiveness Date

09/14/2021

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