PPP Loan information for Able electrical services, inc

$85,537

Able electrical services, inc was initially approved for PPP Loan of amount $85,537, the current approved amount is $85,537. The loan was approved on 04/07/2020 by The The Bank of Glen Burnie reported 9 jobs and $85,537 was used to fund payroll.

Able electrical services, inc is Existing or more than 2 years old

PPP Loan Search / MD / PASADENA / Able electrical services, inc

ABLE ELECTRICAL SERVICES, INC

Date Approved

04/07/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

ABLE ELECTRICAL SERVICES, INC

Borrower Address

2534 Mountain Road

Borrower City

PASADENA

Borrower State

MD

Borrower Zip

21122-1214

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

85537.00

Current Approval Amount

85537.00

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

9

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

85537.00

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

86204.66

Forgiveness Date

01/25/2021

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