ABSORB LLC (IN) - 2020 PPP Loan Borrower Profile (# 5715488905)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABSORB LLC. 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

5715488905

SBA Office Code

0562

Processing Method

PPS

Curent Loan Amount

$29,687

Date Loan was Approved

Apr 30, 2021

Amount Forgiven

$30,036.65

Date Loan was Forgiven

Jul 5, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

29,685

Lender

PNC Bank, National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

561990

Borrower Location

Indianapolis, IN

Project Location

Indianapolis, IN

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.