PPP Loan information for Able tool corporation

$310,537

Able tool corporation was initially approved for PPP Loan of amount $310,537, the current approved amount is $310,537. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 29 jobs and $310,537 was used to fund payroll.

Able tool corporation is Existing or more than 2 years old

PPP Loan Search / OH / CINCINNATI / Able tool corporation

ABLE TOOL CORPORATION

Date Approved

05/01/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

ABLE TOOL CORPORATION

Borrower Address

617 N WAYNE AVE

Borrower City

CINCINNATI

Borrower State

OH

Borrower Zip

45215

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

310537.00

Current Approval Amount

310537.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CINCINNATI

Project County Name

HAMILTON

Project State

OH

Project Zip

45215-0001

CD

OH-08

Jobs Reported

29

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

38342.00

Payroll Proceed

261409.00

Mortgage Interest Proceed

0.00

Rent Proceed

5400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

5386.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

314121.29

Forgiveness Date

06/30/2021

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