PPP Loan information for Able electrical inc

$51,200

Able electrical inc was initially approved for PPP Loan of amount $51,200, the current approved amount is $51,200. The loan was approved on 04/10/2020 by The ConnectOne Bank reported 4 jobs and $51,200 was used to fund payroll.

Able electrical inc is Existing or more than 2 years old

PPP Loan Search / NJ / CLIFTON / Able electrical inc

ABLE ELECTRICAL INC

Date Approved

04/10/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ABLE ELECTRICAL INC

Borrower Address

184 Bergen Ave

Borrower City

CLIFTON

Borrower State

NJ

Borrower Zip

07011-1861

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

51200.00

Current Approval Amount

51200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

432941

Servicing Lender Name

ConnectOne Bank

Servicing Lender Address

301 Sylvan Ave

Servicing Lender City

ENGLEWOOD CLIFFS

Servicing Lender State

NJ

Servicing Lender Zip

07632-2539

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLIFTON

Project County Name

PASSAIC

Project State

NJ

Project Zip

07011-1861

CD

NJ-09

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

51200.00

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

432941

Originating Lender

ConnectOne Bank

Originating Lender City

ENGLEWOOD CLIFFS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

51791.64

Forgiveness Date

06/16/2021

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