ABSOLUTE SUPPLIERS, INC. (IA) - 2020 PPP Loan Borrower Profile (# 6308127206)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABSOLUTE SUPPLIERS, 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
6308127206
SBA Office Code
0761
Processing Method
PPP
Curent Loan Amount
$76,197.45
Date Loan was Approved
Apr 27, 2020
Amount Forgiven
$76,635.85
Date Loan was Forgiven
Nov 27, 2020
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
60,956
Rent Proceed
15,241.45
Lender
Lincoln Savings Bank

Business Detail

Business Type
Subchapter S Corporation
NAICS
454110
Borrower Location
DES MOINES, IA
Project Location
DES MOINES, IA
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
9
Business Age Description
Existing or more than 2 years old
Data Source: SBA.