Absolute Energy, LLC

$757,390 PPP Loan in Saint Ansgar, Iowa

Loan Details

Loan Number
5661407007
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$757,390
Current Approval
$757,390
Forgiveness Amount
$761,640
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Absolute Energy, LLC
Address
1372 State Line St
State
Iowa
ZIP Code
50472-8806
Business Type
Cooperative
Industry (NAICS)
Manufacturing (325193)
Business Age
Existing or more than 2 years old
Jobs Reported
46
Estimated Revenue
$45.6M
Rural/Urban
Rural
Congressional District
IA-02

Loan Use Breakdown

Payroll
$757,390

Lender Information

Servicing Lender
Home Federal Savings Bank
Originating Lender
Home Federal Savings Bank

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