# PPP loan: ABLE MECHANICAL, INC.
> **$478K** approved 05/20/2020 · Paid in Full · Loan `9729827402`
## Borrower
- **Name:** ABLE MECHANICAL, INC.
- **Address:** 280 Route 35, Red Bank, NJ, 07701-5900
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $478K
- **Initial approval:** $478K
- **Forgiven:** $483K (101%)
- **Forgiveness date:** 05/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $478K
- **Jobs reported:** 32
## Lender
- **Originating:** New York Business Development Corporation
- **Servicing:** New York Business Development Corporation (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*