Absolute Machine Tools, INC
$935,916 PPP Loan in Lorain, Ohio
Loan Details
- Loan Number
- 9789707207
- Date Approved
- Apr 28, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $935,916
- Current Approval
- $1,145,985
- Forgiveness Amount
- $1,156,786
- Forgiveness Date
- Apr 14, 2021
- Term
- 24 months
- Draw
- First 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
- $1,145,985
Lender Information
- Servicing Lender
- Northwest Bank
- Originating Lender
- Northwest Bank
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