ABSOLVE LLC (NJ) - 2020 PPP Loan Borrower Profile (# 1731157710)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABSOLVE 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 New Jersey.

Loan Detail

Loan Number

1731157710

SBA Office Code

0299

Processing Method

PPP

Curent Loan Amount

$346,190

Date Loan was Approved

May 1, 2020

Amount Forgiven

$350,477.95

Date Loan was Forgiven

Aug 2, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

10,000

Payroll Proced

276,952

Rent Proceed

29,238

Health Care Proceed

25,000

Debt Interest Proceed

5,000

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

999990

Borrower Location

MOUNT LAUREL, NJ

Project Location

MOUNT LAUREL, NJ

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

250

Business Age Description

Existing or more than 2 years old

Data Source: SBA.