PPP Loan information for Ability plus inc

$2,420,500

Ability plus inc was initially approved for PPP Loan of amount $2,420,500, the current approved amount is $2,420,500. The loan was approved on 04/10/2020 by The Renasant Bank reported 461 jobs and $2,420,500 was used to fund payroll.

Ability plus inc is Existing or more than 2 years old

PPP Loan Search / AL / HUNTSVILLE / Ability plus inc

ABILITY PLUS INC

Date Approved

04/10/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

ABILITY PLUS INC

Borrower Address

100 Jetplex Blvd SW

Borrower City

HUNTSVILLE

Borrower State

AL

Borrower Zip

35824-2216

Loan Status Date

09/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2420500.00

Current Approval Amount

2420500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40010

Servicing Lender Name

Renasant Bank

Servicing Lender Address

209 Troy St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4827

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUNTSVILLE

Project County Name

MADISON

Project State

AL

Project Zip

35824-2216

CD

AL-05

Jobs Reported

461

NAICS Code

623210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2420500.00

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

40010

Originating Lender

Renasant Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2451294.14

Forgiveness Date

08/06/2021

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