ABSOLUTE MACHINERY CORPORATION (MA) - 2020 PPP Loan Borrower Profile (# 9360548309)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABSOLUTE MACHINERY CORPORATION. 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 Massachusetts.

Loan Detail

Loan Number

9360548309

SBA Office Code

0101

Processing Method

PPS

Curent Loan Amount

$363,317

Date Loan was Approved

Jan 30, 2021

Amount Forgiven

$366,094.14

Date Loan was Forgiven

Nov 16, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

363,317

Lender

Northeast Bank

Business Detail

Business Type

Corporation

NAICS

423830

Borrower Location

Worcester, MA

Project Location

Worcester, MA

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.