PPP Loan information for Able electric inc.

$193,892

Able electric inc. was initially approved for PPP Loan of amount $193,892, the current approved amount is $193,892. The loan was approved on 02/13/2021 by The First Hawaiian Bank reported 8 jobs and $193,892 was used to fund payroll.

Able electric inc. is Existing or more than 2 years old

ABLE ELECTRIC INC.

Date Approved

02/13/2021

SBA Office Code

0951

Processing Method

PPS

Borrower Name

ABLE ELECTRIC INC.

Borrower Address

567 Kanoelehua Ave

Borrower City

Hilo

Borrower State

HI

Borrower Zip

96720-4561

Loan Status Date

01/11/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

193892.00

Current Approval Amount

193892.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20088

Servicing Lender Name

First Hawaiian Bank

Servicing Lender Address

999 Bishop St

Servicing Lender City

HONOLULU

Servicing Lender State

HI

Servicing Lender Zip

96813-4423

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hilo

Project County Name

HAWAII

Project State

HI

Project Zip

96720-4561

CD

HI-02

Jobs Reported

8

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

193890.00

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

20088

Originating Lender

First Hawaiian Bank

Originating Lender City

HONOLULU

Originating Lender State

HI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

197452.07

Forgiveness Date

12/13/2022

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