ABSOLUTE AUTO REPAIR PLUS INC (MD) - 2020 PPP Loan Borrower Profile (# 7026807107)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABSOLUTE AUTO REPAIR PLUS 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 Maryland.

Loan Detail

Loan Number

7026807107

SBA Office Code

0373

Processing Method

PPP

Curent Loan Amount

$43,000

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$43,298.61

Date Loan was Forgiven

Jan 7, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

43,000

Lender

Atlantic Union Bank

Business Detail

Business Type

Corporation

NAICS

811111

Borrower Location

Princess Anne, MD

Project Location

Princess Anne, MD

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.