ABSOLUTE ELECTRIC SERVICE, LLC (NM) - 2020 PPP Loan Borrower Profile (# 8475917704)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABSOLUTE ELECTRIC SERVICE, 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 Mexico.

Loan Detail

Loan Number

8475917704

SBA Office Code

0682

Processing Method

PPP

Curent Loan Amount

$11,237

Date Loan was Approved

May 1, 2020

Amount Forgiven

$11,353.12

Date Loan was Forgiven

May 13, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

11,237

Lender

WebBank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

238210

Borrower Location

Silver City, NM

Project Location

Silver City, NM

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Unanswered

Data Source: SBA.