PPP Loan information for Able home care llc

$1,769,540

Able home care llc was initially approved for PPP Loan of amount $1,769,540, the current approved amount is $1,769,540. The loan was approved on 04/09/2020 by The Eastern Bank reported 164 jobs and $1,769,540 was used to fund payroll.

Able home care llc is Existing or more than 2 years old

ABLE HOME CARE LLC

Date Approved

04/09/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ABLE HOME CARE LLC

Borrower Address

270 UNION ST S-414

Borrower City

LYNN

Borrower State

MA

Borrower Zip

01901-1349

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1769540.00

Current Approval Amount

1769540.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LYNN

Project County Name

ESSEX

Project State

MA

Project Zip

01901-1349

CD

MA-06

Jobs Reported

164

NAICS Code

621610

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1769540.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1790528.71

Forgiveness Date

06/29/2021

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