ABSOLUTE MERCHANDISE CORPORATION (CA) - 2020 PPP Loan Borrower Profile (# 7233037703)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABSOLUTE MERCHANDISE CORPORATION. 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

7233037703

SBA Office Code

0914

Processing Method

PPP

Curent Loan Amount

$70,228

Date Loan was Approved

May 1, 2020

Amount Forgiven

$70,803.29

Date Loan was Forgiven

Feb 25, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

70,228

Lender

Bank of America, National Association

Business Detail

Business Type

Corporation

NAICS

999990

Borrower Location

LOS ANGELES, CA

Project Location

LOS ANGELES, CA

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.