PPP Loan information for Able asphalt company, inc.

$146,472

Able asphalt company, inc. was initially approved for PPP Loan of amount $146,472, the current approved amount is $146,472. The loan was approved on 04/29/2020 by The First Horizon Bank reported 16 jobs and $146,472 was used to fund payroll.

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

ABLE ASPHALT COMPANY, INC.

Date Approved

04/29/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

ABLE ASPHALT COMPANY, INC.

Borrower Address

8712 GRAGG RD

Borrower City

MILLINGTON

Borrower State

TN

Borrower Zip

38053

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

146472.00

Current Approval Amount

146472.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MILLINGTON

Project County Name

SHELBY

Project State

TN

Project Zip

38053-0200

CD

TN-08

Jobs Reported

16

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

146472.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

147843.14

Forgiveness Date

04/15/2021

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