PPP Loan information for Abilities in action llc

$695,220

Abilities in action llc was initially approved for PPP Loan of amount $695,220, the current approved amount is $695,220. The loan was approved on 03/24/2021 by The Bank of America, National Association reported 55 jobs and $695,220 was used to fund payroll.

Abilities in action llc is Existing or more than 2 years old

ABILITIES IN ACTION LLC

Date Approved

03/24/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

ABILITIES IN ACTION LLC

Borrower Address

166 Patterson Ave Ste 8

Borrower City

Shrewsbury

Borrower State

NJ

Borrower Zip

07702-4146

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

695220.00

Current Approval Amount

695220.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Shrewsbury

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07702-4146

CD

NJ-04

Jobs Reported

55

NAICS Code

621340

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

695217.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

700153.20

Forgiveness Date

12/09/2021

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