ABSOLUTE STANDARDS INC (CT) - 2020 PPP Loan Borrower Profile (# 1387657402)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABSOLUTE STANDARDS 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 Connecticut.

Loan Detail

Loan Number

1387657402

SBA Office Code

0156

Processing Method

PPP

Curent Loan Amount

$382,829.65

Date Loan was Approved

May 4, 2020

Amount Forgiven

$385,577.63

Date Loan was Forgiven

Jan 26, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

382,829.65

Lender

Ion Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

325998

Borrower Location

Hamden, CT

Project Location

Hamden, CT

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.