ABSOLUTE LOGISTICS, INC (OK) - 2020 PPP Loan Borrower Profile (# 8742127404)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABSOLUTE LOGISTICS, 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 Oklahoma.

Loan Detail

Loan Number

8742127404

SBA Office Code

0680

Processing Method

PPP

Curent Loan Amount

$55,400

Date Loan was Approved

May 19, 2020

Amount Forgiven

$55,718.55

Date Loan was Forgiven

Dec 16, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

55,400

Lender

First State Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

488510

Borrower Location

ARDMORE, OK

Project Location

ARDMORE, OK

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.