# PPP loan: ABL & ASSOCIATES PLUMBING LLC
> **$1.88M** approved 04/08/2020 · Paid in Full · Loan `8007597006`
## Borrower
- **Name:** ABL & ASSOCIATES PLUMBING LLC
- **Address:** 300 HOKE ST, RALEIGH, NC, 27601-2637
- **NAICS:** 238220
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.88M
- **Initial approval:** $1.88M
- **Forgiven:** $1.90M (101%)
- **Forgiveness date:** 05/10/2021
- **Status:** Paid in Full
- **Term:** 59 months
## Use of funds
- **Payroll:** $1.83M
- **Rent:** $25K
- **Utilities:** $15K
- **Health care:** $5K
- **Debt interest:** $8K
- **Jobs reported:** 152
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*