Absolute Construction Enterprises, Inc.

$328,000 PPP Loan in Racine, Wisconsin

Loan Details

Loan Number
5376537001
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$328,000
Current Approval
$328,000
Forgiveness Amount
$331,541
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Absolute Construction Enterprises, Inc.
Address
6618 6 Mile Road
City
Racine
ZIP Code
53402-9766
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (236220)
Business Age
Existing or more than 2 years old
Jobs Reported
15
Estimated Revenue
$17.1M
Rural/Urban
Urban
Congressional District
WI-01

Loan Use Breakdown

Payroll
$246,000
Utilities
$41,000
Mortgage Interest
$41,000

Lender Information

Servicing Lender
Johnson Bank
Originating Lender
Johnson Bank

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