ABSOLUTE CONSTRUCTION INC. (IN) - 2020 PPP Loan Borrower Profile (# 1350468309)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABSOLUTE CONSTRUCTION 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 Indiana.

Loan Detail

Loan Number

1350468309

SBA Office Code

0562

Processing Method

PPS

Curent Loan Amount

$479,355

Date Loan was Approved

Jan 17, 2021

Amount Forgiven

$481,711.83

Date Loan was Forgiven

Jul 23, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

479,350

Lender

American Community Bank of Indiana

Business Detail

Business Type

Corporation

NAICS

236118

Borrower Location

Schererville, IN

Project Location

Schererville, IN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.