# PPP loan: ABILITY BUILDING CENTER INC.
> **$1.58M** approved 01/27/2021 · Paid in Full · Loan `6728028301`
## Borrower
- **Name:** ABILITY BUILDING CENTER INC.
- **Address:** 1911 14th St NW, Rochester, MN, 55901-0756
- **NAICS:** 624120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.58M
- **Initial approval:** $1.58M
- **Forgiven:** $1.59M (101%)
- **Forgiveness date:** 10/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.58M
- **Jobs reported:** 186
## Lender
- **Originating:** Sterling State Bank
- **Servicing:** Sterling State Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*