ABSOLUTE ISLAND MANAGEMENT, INC. (SC) - 2020 PPP Loan Borrower Profile (# 7130337108)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABSOLUTE ISLAND MANAGEMENT, INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in South Carolina.

Loan Detail

Loan Number

7130337108

SBA Office Code

0464

Processing Method

PPP

Curent Loan Amount

$111,800

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$112,430.43

Date Loan was Forgiven

Nov 12, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,236

Payroll Proced

89,440

Mortgage Interest Proceed

14,534

Rent Proceed

5,590

Lender

Coastal States Bank

Business Detail

Business Type

Corporation

NAICS

531311

Borrower Location

HILTON HEAD ISLAND, SC

Project Location

HILTON HEAD ISLAND, SC

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.