PPP Loan information for Able mechanical, inc.

$478,000

Able mechanical, inc. was initially approved for PPP Loan of amount $478,000, the current approved amount is $478,000. The loan was approved on 05/20/2020 by The New York Business Development Corporation reported 32 jobs and $478,000 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

05/20/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ABLE MECHANICAL, INC.

Borrower Address

280 Route 35

Borrower City

Red Bank

Borrower State

NJ

Borrower Zip

07701-5900

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

478000.00

Current Approval Amount

478000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

224780

Servicing Lender Name

New York Business Development Corporation

Servicing Lender Address

50 Beaver Street

Servicing Lender City

Albany

Servicing Lender State

NY

Servicing Lender Zip

12207-1538

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

32

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

478000.00

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

224780

Originating Lender

New York Business Development Corporation

Originating Lender City

Albany

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

482557.37

Forgiveness Date

05/12/2021

;