ABSOLUTE VALUE MANAGEMENT CORP (CT) - 2020 PPP Loan Borrower Profile (# 9816567209)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABSOLUTE VALUE MANAGEMENT CORP. 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

9816567209

SBA Office Code

0156

Processing Method

PPP

Curent Loan Amount

$151,601

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$153,458.11

Date Loan was Forgiven

Jul 20, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

18,950.12

Payroll Proced

113,700.75

Rent Proceed

18,950.13

Lender

Connecticut Community Bank, National Association

Business Detail

Business Type

Corporation

NAICS

531320

Borrower Location

RIVERSIDE, CT

Project Location

RIVERSIDE, CT

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.