ABSR, INC (MI) - 2020 PPP Loan Borrower Profile (# 9554857005)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABSR, 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 Michigan.

Loan Detail

Loan Number

9554857005

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$440,680

Date Loan was Approved

Apr 9, 2020

Amount Forgiven

$443,642.35

Date Loan was Forgiven

Dec 14, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

5,630

Payroll Proced

431,866

Mortgage Interest Proceed

500

Rent Proceed

750

Health Care Proceed

1,934

Lender

Honor Bank

Business Detail

Business Type

Corporation

NAICS

238160

Borrower Location

BUCKLEY, MI

Project Location

BUCKLEY, MI

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.