PPP Loan information for Able engineering, inc.

$90,215

Able engineering, inc. was initially approved for PPP Loan of amount $90,215, the current approved amount is $90,215. The loan was approved on 04/16/2020 by The Sandy Spring Bank reported 13 jobs and $90,215 was used to fund payroll.

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

ABLE ENGINEERING, INC.

Date Approved

04/16/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

ABLE ENGINEERING, INC.

Borrower Address

421 North Stonestreet Avenue

Borrower City

ROCKVILLE

Borrower State

MD

Borrower Zip

20850

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

90215.00

Current Approval Amount

90215.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROCKVILLE

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20850-0200

CD

MD-08

Jobs Reported

13

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

22553.75

Payroll Proceed

67661.25

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

91065.25

Forgiveness Date

04/08/2021

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