PPP Loan information for Able fuel injection inc

$38,883

Able fuel injection inc was initially approved for PPP Loan of amount $41,328, the current approved amount is $38,883. The loan was approved on 04/08/2020 by The Citizens Bank reported 5 jobs and $38,883 was used to fund payroll.

Able fuel injection inc is Existing or more than 2 years old

ABLE FUEL INJECTION INC

Date Approved

04/08/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

ABLE FUEL INJECTION INC

Borrower Address

1419 CRESCENT AVE

Borrower City

LEWISVILLE

Borrower State

TX

Borrower Zip

75057-2644

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41328.00

Current Approval Amount

38882.58

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

70546

Servicing Lender Name

Citizens Bank

Servicing Lender Address

301 E Main

Servicing Lender City

KILGORE

Servicing Lender State

TX

Servicing Lender Zip

75662-5921

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LEWISVILLE

Project County Name

DENTON

Project State

TX

Project Zip

75057-2644

CD

TX-26

Jobs Reported

5

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4247.00

Payroll Proceed

28635.58

Mortgage Interest Proceed

0.00

Rent Proceed

6000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

70546

Originating Lender

Citizens Bank

Originating Lender City

KILGORE

Originating Lender State

TX

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

39207.68

Forgiveness Date

02/16/2021

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