# PPP loan: ABEL TRUCK AND AUTOMOTIVE SUPPLY INC.
> **$164K** approved 03/10/2021 · Paid in Full · Loan `8692368501`
## Borrower
- **Name:** ABEL TRUCK AND AUTOMOTIVE SUPPLY INC.
- **Address:** 6900 Granger Rd, Independence, OH, 44131-1414
- **NAICS:** 441310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $164K
- **Initial approval:** $164K
- **Forgiven:** $167K (101%)
- **Forgiveness date:** 07/25/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $164K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*