ABSOLUTE POWER ELECTRIC, LLC (MD) - 2020 PPP Loan Borrower Profile (# 5891787305)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABSOLUTE POWER ELECTRIC, 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 Maryland.

Loan Detail

Loan Number

5891787305

SBA Office Code

0373

Processing Method

PPP

Curent Loan Amount

$5,598

Date Loan was Approved

Apr 30, 2020

Amount Forgiven

$5,671.92

Date Loan was Forgiven

Aug 27, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

5,598

Lender

Bank of America, National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

238210

Borrower Location

GLEN BURNIE, MD

Project Location

GLEN BURNIE, MD

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.