# PPP loan: ABLE MECHANICAL INC
> **$605K** approved 02/10/2021 · Paid in Full · Loan `6679298402`
## Borrower
- **Name:** ABLE MECHANICAL INC
- **Address:** 280 State Route 35, Red Bank, NJ, 07701-5900
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $605K
- **Initial approval:** $605K
- **Forgiven:** $608K (101%)
- **Forgiveness date:** 11/05/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $605K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** Itria Ventures LLC
- **Servicing:** Itria Ventures LLC (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*