# PPP loan: ABLE TOOL & EQUIPMENT LLC.
> **$318K** approved 02/06/2021 · Paid in Full · Loan `4137548401`
## Borrower
- **Name:** ABLE TOOL & EQUIPMENT LLC.
- **Address:** 410 Burnham St, South Windsor, CT, 06074-4143
- **NAICS:** 423810
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $318K
- **Initial approval:** $318K
- **Forgiven:** $319K (101%)
- **Forgiveness date:** 09/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $318K
- **Utilities:** $1
- **Jobs reported:** 20
## Lender
- **Originating:** Webster Bank National Association
- **Servicing:** Webster Bank National Association (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*