ABSOLUTE MERCH, INC (CA) - 2020 PPP Loan Borrower Profile (# 9713367107)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABSOLUTE MERCH, INC. 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 California.

Loan Detail

Loan Number

9713367107

SBA Office Code

0920

Processing Method

PPP

Curent Loan Amount

$290,117

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$293,639.34

Date Loan was Forgiven

Jul 7, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

10,117

Payroll Proced

230,000

Mortgage Interest Proceed

Rent Proceed

50,000

Refinance EIDL Proceed

Health Care Proceed

Debt Interest Proceed

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Corporation

NAICS

424320

Borrower Location

COSTA MESA, CA

Project Location

COSTA MESA, CA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.