PPP Loan information for Able electrical service

$103,320

Able electrical service was initially approved for PPP Loan of amount $103,320, the current approved amount is $103,320. The loan was approved on 01/29/2021 by The The Bank of Glen Burnie reported 11 jobs and $103,320 was used to fund payroll.

Able electrical service is Existing or more than 2 years old

PPP Loan Search / MD / Pasadena / Able electrical service

ABLE ELECTRICAL SERVICE

Date Approved

01/29/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

ABLE ELECTRICAL SERVICE

Borrower Address

2534 Mountain Rd

Borrower City

Pasadena

Borrower State

MD

Borrower Zip

21122-1214

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

103320.00

Current Approval Amount

103320.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30660

Servicing Lender Name

The Bank of Glen Burnie

Servicing Lender Address

101 Crain Hwy SE

Servicing Lender City

GLEN BURNIE

Servicing Lender State

MD

Servicing Lender Zip

21061-3527

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Pasadena

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21122-1214

CD

MD-03

Jobs Reported

11

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

103317.00

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

30660

Originating Lender

The Bank of Glen Burnie

Originating Lender City

GLEN BURNIE

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

103873.91

Forgiveness Date

08/11/2021

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