PPP Loan information for Able sales company inc

$741,000

Able sales company inc was initially approved for PPP Loan of amount $741,000, the current approved amount is $741,000. The loan was approved on 04/16/2020 by The Banco Popular de Puerto Rico reported 104 jobs and $741,000 was used to fund payroll.

Able sales company inc is Existing or more than 2 years old

ABLE SALES COMPANY INC

Date Approved

04/16/2020

SBA Office Code

0252

Processing Method

PPP

Borrower Name

ABLE SALES COMPANY INC

Borrower Address

BO PALMAS, CARR. 869, KM 2, HM8,

Borrower City

CATANO

Borrower State

PR

Borrower Zip

00962

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

741000.00

Current Approval Amount

741000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123840

Servicing Lender Name

Banco Popular de Puerto Rico

Servicing Lender Address

209 Avenida Luis Mu<td,n>oz Rivera

Servicing Lender City

SAN JUAN

Servicing Lender State

PR

Servicing Lender Zip

00918

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CATANO

Project County Name

CATANO

Project State

PR

Project Zip

00962-0200

CD

PR-

Jobs Reported

104

NAICS Code

424490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

676807.36

Mortgage Interest Proceed

0.00

Rent Proceed

64192.64

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

123840

Originating Lender

Banco Popular de Puerto Rico

Originating Lender City

SAN JUAN

Originating Lender State

PR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

747813.08

Forgiveness Date

03/18/2021

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