PPP Loan information for Able systems, inc.

$100,630

Able systems, inc. was initially approved for PPP Loan of amount $100,630, the current approved amount is $100,630. The loan was approved on 05/01/2020 by The The Old Point National Bank of Phoebus reported 10 jobs and $100,630 was used to fund payroll.

Able systems, inc. is Existing or more than 2 years old

ABLE SYSTEMS, INC.

Date Approved

05/01/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ABLE SYSTEMS, INC.

Borrower Address

501 VILLAGE AVENUE

Borrower City

YORKTOWN

Borrower State

VA

Borrower Zip

23693-5657

Loan Status Date

02/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

100630.00

Current Approval Amount

100630.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73444

Servicing Lender Name

The Old Point National Bank of Phoebus

Servicing Lender Address

1 W Mellen St

Servicing Lender City

HAMPTON

Servicing Lender State

VA

Servicing Lender Zip

23663-2305

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

YORKTOWN

Project County Name

YORK

Project State

VA

Project Zip

23693-5657

CD

VA-01

Jobs Reported

10

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

100630.00

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

Subchapter S Corporation

Originating Lender Location Id

73444

Originating Lender

The Old Point National Bank of Phoebus

Originating Lender City

HAMPTON

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

101340.00

Forgiveness Date

01/25/2021

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