PPP Loan information for Absolute transport inc

$172,190

Absolute transport inc was initially approved for PPP Loan of amount $172,190, the current approved amount is $172,190. The loan was approved on 04/28/2020 by The The Farmers Bank of Willards reported 13 jobs and $172,190 was used to fund payroll.

Absolute transport inc is Existing or more than 2 years old

PPP Loan Search / MD / SALISBURY / Absolute transport inc

ABSOLUTE TRANSPORT INC

Date Approved

04/28/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

ABSOLUTE TRANSPORT INC

Borrower Address

1813 SWEETBAY DR

Borrower City

SALISBURY

Borrower State

MD

Borrower Zip

21804-1663

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

172190.00

Current Approval Amount

172190.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30926

Servicing Lender Name

The Farmers Bank of Willards

Servicing Lender Address

7484 Market St

Servicing Lender City

WILLARDS

Servicing Lender State

MD

Servicing Lender Zip

21874-1232

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SALISBURY

Project County Name

WICOMICO

Project State

MD

Project Zip

21804-1663

CD

MD-01

Jobs Reported

13

NAICS Code

485999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

21523.75

Payroll Proceed

129142.50

Mortgage Interest Proceed

0.00

Rent Proceed

21523.75

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

30926

Originating Lender

The Farmers Bank of Willards

Originating Lender City

WILLARDS

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

173189.66

Forgiveness Date

12/02/2020

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