ABSOLUTE MACHINE ENTERPRISES INC. (VA) - 2020 PPP Loan Borrower Profile (# 1564858510)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABSOLUTE MACHINE ENTERPRISES 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 Virginia.

Loan Detail

Loan Number

1564858510

SBA Office Code

0304

Processing Method

PPS

Curent Loan Amount

$80,121

Date Loan was Approved

Feb 19, 2021

Amount Forgiven

$80,691.72

Date Loan was Forgiven

Nov 17, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

80,121

Lender

Skyline National Bank

Business Detail

Business Type

Corporation

NAICS

332710

Borrower Location

Martinsville, VA

Project Location

Martinsville, VA

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.