# PPP loan: ABLE ACADEMICS, LLC
> **$513K** approved 04/27/2020 · Paid in Full · Loan `4227567208`
## Borrower
- **Name:** ABLE ACADEMICS, LLC
- **Address:** 3942 W Sierra Hwy #5, Acton, CA, 93510
- **NAICS:** 611691
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $513K
- **Initial approval:** $513K
- **Forgiven:** $518K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $513K
- **Jobs reported:** 94
## Lender
- **Originating:** Mechanics Bank
- **Servicing:** Mechanics Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*