PPP Loan information for Able lock shop

$55,715

Able lock shop was initially approved for PPP Loan of amount $55,715, the current approved amount is $55,715. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 6 jobs and $55,715 was used to fund payroll.

Able lock shop is New Business or 2 years or less

ABLE LOCK SHOP

Date Approved

05/01/2020

SBA Office Code

0235

Processing Method

PPP

Borrower Name

ABLE LOCK SHOP

Borrower Address

1100 JERICHO TPKE

Borrower City

NEW HYDE PARK

Borrower State

NY

Borrower Zip

11040-4606

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55715.00

Current Approval Amount

55715.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

NEW HYDE PARK

Project County Name

NASSAU

Project State

NY

Project Zip

11040-4606

CD

NY-03

Jobs Reported

6

NAICS Code

561622

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

55715.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

56192.78

Forgiveness Date

03/11/2021

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