PPP Loan information for Absolute motion inc

$34,732

Absolute motion inc was initially approved for PPP Loan of amount $34,732, the current approved amount is $34,732. The loan was approved on 06/04/2020 by The Square Capital, LLC reported 20 jobs and $34,732 was used to fund payroll.

Absolute motion inc is Existing or more than 2 years old

ABSOLUTE MOTION INC

Date Approved

06/04/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ABSOLUTE MOTION INC

Borrower Address

183 N East River Road C5

Borrower City

DES PLAINES

Borrower State

IL

Borrower Zip

60016-1251

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

34732.00

Current Approval Amount

34732.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

529050

Servicing Lender Name

Square Capital, LLC

Servicing Lender Address

1455 Market Street, Suite 600

Servicing Lender City

San Francisco

Servicing Lender State

CA

Servicing Lender Zip

94103

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DES PLAINES

Project County Name

COOK

Project State

IL

Project Zip

60016-1251

CD

IL-05

Jobs Reported

20

NAICS Code

621340

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

34732.00

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

Subchapter S Corporation

Originating Lender Location Id

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

34917.55

Forgiveness Date

12/17/2020

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