# PPP loan: ABSOLUTE CONSTRUCTION ENTERPRISES, INC.
> **$328K** approved 04/05/2020 · Paid in Full · Loan `5376537001`
## Borrower
- **Name:** ABSOLUTE CONSTRUCTION ENTERPRISES, INC.
- **Address:** 6618 6 Mile Road, RACINE, WI, 53402-9766
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $328K
- **Initial approval:** $328K
- **Forgiven:** $332K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $246K
- **Mortgage interest:** $41K
- **Utilities:** $41K
- **Jobs reported:** 15
## Lender
- **Originating:** Johnson Bank
- **Servicing:** Johnson Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*