PPP Loan information for Able solutions, inc

$332,500

Able solutions, inc was initially approved for PPP Loan of amount $332,500, the current approved amount is $332,500. The loan was approved on 04/09/2020 by The Atlantic Union Bank reported 86 jobs and $332,500 was used to fund payroll.

Able solutions, inc is Existing or more than 2 years old

PPP Loan Search / VA / ROCKINGHAM / Able solutions, inc

ABLE SOLUTIONS, INC

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ABLE SOLUTIONS, INC

Borrower Address

801 Friendship Drive

Borrower City

ROCKINGHAM

Borrower State

VA

Borrower Zip

22802-4566

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

332500.00

Current Approval Amount

332500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCKINGHAM

Project County Name

ROCKINGHAM

Project State

VA

Project Zip

22802-4566

CD

VA-06

Jobs Reported

86

NAICS Code

561990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

332500.00

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

Non-Profit Organization

Originating Lender Location Id

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

334328.75

Forgiveness Date

11/05/2020

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