PPP Loan information for Able mechanical inc

$604,738

Able mechanical inc was initially approved for PPP Loan of amount $604,738, the current approved amount is $604,738. The loan was approved on 02/10/2021 by The Itria Ventures LLC reported 25 jobs and $604,738 was used to fund payroll.

Able mechanical inc is Existing or more than 2 years old

PPP Loan Search / NJ / Red Bank / Able mechanical inc

ABLE MECHANICAL INC

Date Approved

02/10/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

ABLE MECHANICAL INC

Borrower Address

280 State Route 35

Borrower City

Red Bank

Borrower State

NJ

Borrower Zip

07701-5900

Loan Status Date

12/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

604737.50

Current Approval Amount

604737.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

529471

Servicing Lender Name

Itria Ventures LLC

Servicing Lender Address

One Penn Plaza, Suite 4530

Servicing Lender City

New York

Servicing Lender State

NY

Servicing Lender Zip

10119

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Red Bank

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07701-5900

CD

NJ-04

Jobs Reported

25

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

604736.50

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

529471

Originating Lender

Itria Ventures LLC

Originating Lender City

New York

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

608365.93

Forgiveness Date

11/05/2021

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