PPP Loan information for Able 2 products company, inc.

$385,800

Able 2 products company, inc. was initially approved for PPP Loan of amount $385,800, the current approved amount is $385,800. The loan was approved on 04/10/2020 by The Commerce Bank reported 59 jobs and $385,800 was used to fund payroll.

Able 2 products company, inc. is Existing or more than 2 years old

ABLE 2 PRODUCTS COMPANY, INC.

Date Approved

04/10/2020

SBA Office Code

0721

Processing Method

PPP

Borrower Name

ABLE 2 PRODUCTS COMPANY, INC.

Borrower Address

804 EAST STATE HIGHWAY 248

Borrower City

CASSVILLE

Borrower State

MO

Borrower Zip

65625-9615

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

385800.00

Current Approval Amount

385800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40781

Servicing Lender Name

Commerce Bank

Servicing Lender Address

1000 Walnut St, 11th Fl

Servicing Lender City

KANSAS CITY

Servicing Lender State

MO

Servicing Lender Zip

64106-2107

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CASSVILLE

Project County Name

BARRY

Project State

MO

Project Zip

65625-9615

CD

MO-07

Jobs Reported

59

NAICS Code

335129

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9500.00

Payroll Proceed

338700.00

Mortgage Interest Proceed

0.00

Rent Proceed

13000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

24600

Business Type

Corporation

Originating Lender Location Id

40781

Originating Lender

Commerce Bank

Originating Lender City

KANSAS CITY

Originating Lender State

MO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

388264.83

Forgiveness Date

12/02/2020

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