ABSOLUTE STORAGE MANAGEMENT, INC. (TN) - 2020 PPP Loan Borrower Profile (# 3201397104)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABSOLUTE STORAGE MANAGEMENT, 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 Tennessee.

Loan Detail

Loan Number

3201397104

SBA Office Code

0474

Processing Method

PPP

Curent Loan Amount

$1,840,500

Date Loan was Approved

Apr 11, 2020

Amount Forgiven

$1,856,787.16

Date Loan was Forgiven

Mar 8, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

1,840,500

Lender

Live Oak Banking Company

Business Detail

Business Type

Subchapter S Corporation

NAICS

531130

Borrower Location

Cordova, TN

Project Location

Cordova, TN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

257

Business Age Description

Existing or more than 2 years old

Data Source: SBA.