ABSOLUTE AUTOMOTIVE INC (NC) - 2020 PPP Loan Borrower Profile (# 4560588508)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABSOLUTE AUTOMOTIVE 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 North Carolina.

Loan Detail

Loan Number

4560588508

SBA Office Code

0460

Processing Method

PPP

Curent Loan Amount

$10,625

Date Loan was Approved

Feb 26, 2021

Amount Forgiven

$10,717.97

Date Loan was Forgiven

Jan 11, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

10,624

Lender

PNC Bank, National Association

Business Detail

Business Type

Corporation

NAICS

811111

Borrower Location

Graham, NC

Project Location

Graham, NC

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.