ABSOLUTE TREE INC (VA) - 2020 PPP Loan Borrower Profile (# 4513308306)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABSOLUTE TREE 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

4513308306

SBA Office Code

0304

Processing Method

PPS

Curent Loan Amount

$87,500

Date Loan was Approved

Jan 23, 2021

Amount Forgiven

$88,632.64

Date Loan was Forgiven

May 16, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

87,498

Lender

Burke & Herbert Bank & Trust Company

Business Detail

Business Type

Subchapter S Corporation

NAICS

561730

Borrower Location

Henrico, VA

Project Location

Henrico, VA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.