ABSOLUTE MEDICAL EQUIPMENT INC. (NJ) - 2020 PPP Loan Borrower Profile (# 1573507200)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ABSOLUTE MEDICAL EQUIPMENT 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 New Jersey.
Loan Detail
Loan Number
1573507200
SBA Office Code
0299
Processing Method
PPP
Curent Loan Amount
$54,000
Date Loan was Approved
Apr 15, 2020
Amount Forgiven
$54,357.7
Date Loan was Forgiven
Feb 12, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
0
Payroll Proced
54,000
Mortgage Interest Proceed
0
Rent Proceed
0
Refinance EIDL Proceed
0
Health Care Proceed
0
Debt Interest Proceed
0
Lender
Manufacturers and Traders Trust Company
Business Detail
Business Type
Subchapter S Corporation
NAICS
454110
Borrower Location
Cherry Hill, NJ
Project Location
Cherry Hill, NJ
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
6
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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