ABSI, LLC (AL) - 2020 PPP Loan Borrower Profile (# 6552207306)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABSI, LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Alabama.

Loan Detail

Loan Number

6552207306

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$14,720

Date Loan was Approved

Apr 30, 2020

Amount Forgiven

$14,812.38

Date Loan was Forgiven

Feb 16, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,720

Payroll Proced

11,100

Rent Proceed

900

Lender

North Alabama Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

236220

Borrower Location

HUNTSVILLE, AL

Project Location

HUNTSVILLE, AL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.