Able Machine Tool Sales, Inc.

$627,000 PPP Loan in Agawam, Massachusetts

Loan Details

Loan Number
1868487106
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$627,000
Current Approval
$627,000
Forgiveness Amount
$631,999
Forgiveness Date
Feb 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Able Machine Tool Sales, Inc.
Address
253 Silver St
City
Agawam
ZIP Code
01001-2982
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333517)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$7.9M
Rural/Urban
Urban
Congressional District
MA-01

Loan Use Breakdown

Payroll
$627,000

Lender Information

Servicing Lender
Westfield Bank
Originating Lender
Westfield Bank

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