PPP Loan information for Ability medical supply inc

$316,250

Ability medical supply inc was initially approved for PPP Loan of amount $316,250, the current approved amount is $316,250. The loan was approved on 02/05/2021 by The Colony Bank reported 35 jobs and $316,250 was used to fund payroll.

Ability medical supply inc is Existing or more than 2 years old

PPP Loan Search / FL / Pompano Beach / Ability medical supply inc

ABILITY MEDICAL SUPPLY INC

Date Approved

02/05/2021

SBA Office Code

0455

Processing Method

PPS

Borrower Name

ABILITY MEDICAL SUPPLY INC

Borrower Address

1923 W Copans Rd

Borrower City

Pompano Beach

Borrower State

FL

Borrower Zip

33064-1517

Loan Status Date

04/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

316250.00

Current Approval Amount

316250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19444

Servicing Lender Name

Colony Bank

Servicing Lender Address

115 S Grant St

Servicing Lender City

FITZGERALD

Servicing Lender State

GA

Servicing Lender Zip

31750-2902

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Pompano Beach

Project County Name

BROWARD

Project State

FL

Project Zip

33064-1517

CD

FL-23

Jobs Reported

35

NAICS Code

423450

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

316250.00

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

Corporation

Originating Lender Location Id

19444

Originating Lender

Colony Bank

Originating Lender City

FITZGERALD

Originating Lender State

GA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

319594.45

Forgiveness Date

03/21/2022

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