# PPP loan: ABSOLUTE STANDARDS INC
> **$383K** approved 05/04/2020 · Paid in Full · Loan `1387657402`
## Borrower
- **Name:** ABSOLUTE STANDARDS INC
- **Address:** P.O. Box 5585, Hamden, CT, 06518-0585
- **NAICS:** 325998
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $383K
- **Initial approval:** $383K
- **Forgiven:** $386K (101%)
- **Forgiveness date:** 01/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $383K
- **Jobs reported:** 21
## Lender
- **Originating:** Ion Bank
- **Servicing:** Ion Bank (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*