PPP Loan information for Able associates, inc.

$497,900

Able associates, inc. was initially approved for PPP Loan of amount $497,900, the current approved amount is $497,900. The loan was approved on 04/16/2020 by The Citizens Bank, National Association reported 75 jobs and $497,900 was used to fund payroll.

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

ABLE ASSOCIATES, INC.

Date Approved

04/16/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ABLE ASSOCIATES, INC.

Borrower Address

187 Plymouth Avenue

Borrower City

Fall River

Borrower State

MA

Borrower Zip

02721

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

497900.00

Current Approval Amount

497900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Fall River

Project County Name

BRISTOL

Project State

MA

Project Zip

02721-1000

CD

MA-04

Jobs Reported

75

NAICS Code

561499

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

497900.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

504106.70

Forgiveness Date

07/22/2021

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