# PPP loan: ABLE RIGGING CONTRACTORS, INC.
> **$1.47M** approved 04/27/2020 · Paid in Full · Loan `4560637209`
## Borrower
- **Name:** ABLE RIGGING CONTRACTORS, INC.
- **Address:** 1050 Grand Boulevard 2nd Floor, Deer Park, NY, 11729
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.47M
- **Initial approval:** $1.66M
- **Forgiven:** $1.49M (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.47M
- **Jobs reported:** 16
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*