# PPP loan: ABLE ELECTRIC INC.
> **$194K** approved 02/13/2021 · Paid in Full · Loan `8666968402`
## Borrower
- **Name:** ABLE ELECTRIC INC.
- **Address:** 567 Kanoelehua Ave, Hilo, HI, 96720-4561
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $194K
- **Initial approval:** $194K
- **Forgiven:** $197K (102%)
- **Forgiveness date:** 12/13/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $194K
- **Utilities:** $1
- **Jobs reported:** 8
## Lender
- **Originating:** First Hawaiian Bank
- **Servicing:** First Hawaiian Bank (HI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*