# PPP loan: ABSOLUTE MERCH, INC
> **$321K** approved 02/07/2021 · Paid in Full · Loan `4913498403`
## Borrower
- **Name:** ABSOLUTE MERCH, INC
- **Address:** 2990 Grace Ln, Costa Mesa, CA, 92626-4120
- **NAICS:** 424320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $321K
- **Initial approval:** $321K
- **Forgiven:** $324K (101%)
- **Forgiveness date:** 01/13/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $321K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*