PPP Loan information for Able 2 inc.

$331,938

Able 2 inc. was initially approved for PPP Loan of amount $331,938, the current approved amount is $331,938. The loan was approved on 04/09/2020 by The Mountain Commerce Bank reported 98 jobs and $331,938 was used to fund payroll.

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

PPP Loan Search / TN / KNOXVILLE / Able 2 inc.

ABLE 2 INC.

Date Approved

04/09/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

ABLE 2 INC.

Borrower Address

913 Hayslope Dr.

Borrower City

KNOXVILLE

Borrower State

TN

Borrower Zip

37919-7226

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

331938.00

Current Approval Amount

331938.00

Undisbursed Amount

0.00

Franchise Name

Home Instead/Home Instead Senior Care

Servicing Lender Location Id

66985

Servicing Lender Name

Mountain Commerce Bank

Servicing Lender Address

6101 Kingston Pk

Servicing Lender City

KNOXVILLE

Servicing Lender State

TN

Servicing Lender Zip

37919-4020

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KNOXVILLE

Project County Name

KNOX

Project State

TN

Project Zip

37919-7226

CD

TN-02

Jobs Reported

98

NAICS Code

624120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

20746.00

Payroll Proceed

248954.00

Mortgage Interest Proceed

62238.00

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

66985

Originating Lender

Mountain Commerce Bank

Originating Lender City

KNOXVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

334169.36

Forgiveness Date

12/09/2020

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