Absolute Distribution

$128,987 PPP Loan in Scranton, Pennsylvania

Loan Details

Loan Number
7432997200
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$128,987
Current Approval
$128,987
Forgiveness Amount
$129,704
Forgiveness Date
Nov 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Absolute Distribution
Address
149 Penn Avenue
ZIP Code
18503
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (424920)
Business Age
Existing or more than 2 years old
Jobs Reported
21
Estimated Revenue
$5.4M
Rural/Urban
Urban
Congressional District
PA-08

Loan Use Breakdown

Payroll
$112,987
Utilities
$3,000
Health Care
$13,000

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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