ABSOLUTE TRANSPORT INC (MD) - 2020 PPP Loan Borrower Profile (# 8740247205)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABSOLUTE TRANSPORT 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

8740247205

SBA Office Code

0373

Processing Method

PPP

Curent Loan Amount

$172,190

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$173,189.66

Date Loan was Forgiven

Dec 2, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

21,523.75

Payroll Proced

129,142.5

Rent Proceed

21,523.75

Lender

The Farmers Bank of Willards

Business Detail

Business Type

Corporation

NAICS

485999

Borrower Location

SALISBURY, MD

Project Location

SALISBURY, MD

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.