Absolute Machine Tools INC

$1,185,523 PPP Loan in Lorain, Ohio

Loan Details

Loan Number
1611778503
Date Approved
Feb 19, 2021
Loan Status
Paid in Full
Initial Approval
$1,185,523
Current Approval
$1,185,523
Forgiveness Amount
$1,195,364
Forgiveness Date
Dec 23, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Absolute Machine Tools INC
Address
7420 Industrial Parkway Dr
City
Lorain
State
Ohio
ZIP Code
44053-2064
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423830)
Business Age
Existing or more than 2 years old
Jobs Reported
54
Estimated Revenue
$16.5M
Rural/Urban
Urban
Congressional District
OH-05

Loan Use Breakdown

Payroll
$1,185,523

Lender Information

Servicing Lender
Northwest Bank
Originating Lender
Northwest Bank

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