ABSOLUTE CONSTRUCTION & HOME REPAIR, INC. (IA) - 2020 PPP Loan Borrower Profile (# 7571247209)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABSOLUTE CONSTRUCTION & HOME REPAIR, 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 Iowa.

Loan Detail

Loan Number

7571247209

SBA Office Code

0736

Processing Method

PPP

Curent Loan Amount

$15,300

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$15,410.66

Date Loan was Forgiven

Jan 20, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

765

Payroll Proced

11,475

Rent Proceed

3,060

Lender

Farmers & Merchants Savings Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

236220

Borrower Location

RIVERSIDE, IA

Project Location

RIVERSIDE, IA

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.