PPP Loan information for Able bodies inc.

$127,378

Able bodies inc. was initially approved for PPP Loan of amount $127,378, the current approved amount is $127,378. The loan was approved on 04/08/2020 by The The First Bank reported 34 jobs and $127,378 was used to fund payroll.

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

ABLE BODIES INC.

Date Approved

04/08/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

ABLE BODIES INC.

Borrower Address

117 W THOMAS ST

Borrower City

HAMMOND

Borrower State

LA

Borrower Zip

70401-3250

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

127377.50

Current Approval Amount

127377.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120708

Servicing Lender Name

The First Bank

Servicing Lender Address

6480 Hwy 98, West

Servicing Lender City

HATTIESBURG

Servicing Lender State

MS

Servicing Lender Zip

39402

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HAMMOND

Project County Name

TANGIPAHOA

Project State

LA

Project Zip

70401-3250

CD

LA-05

Jobs Reported

34

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

9623.00

Payroll Proceed

110654.50

Mortgage Interest Proceed

0.00

Rent Proceed

7100.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

120708

Originating Lender

The First Bank

Originating Lender City

HATTIESBURG

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

128410.67

Forgiveness Date

02/04/2021

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