Ability Building Center, Inc.

$1,576,745 PPP Loan in Rochester, Minnesota

Loan Details

Loan Number
2154717400
Date Approved
May 5, 2020
Loan Status
Paid in Full
Initial Approval
$1,576,745
Current Approval
$1,576,745
Forgiveness Amount
$1,589,928
Forgiveness Date
Mar 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ability Building Center, Inc.
Address
1944 14th St NW
ZIP Code
55901-0283
Business Type
Corporation
Industry (NAICS)
Transportation and Warehousing (485991)
Business Age
Existing or more than 2 years old
Jobs Reported
252
Estimated Revenue
$77.4M
Rural/Urban
Urban
Congressional District
MN-01

Loan Use Breakdown

Payroll
$1,576,745

Lender Information

Servicing Lender
Sterling State Bank
Originating Lender
Sterling State Bank

Other PPP Loans in Rochester, MN

BusinessApproved
Crenlo Cab Products, LLC$10,000,000NewBizBotResearch
Nuss Truck Group Inc.$5,226,500NewBizBotResearch
Alvin E Benike INC$4,583,100NewBizBotResearch
Reichel Foods, Inc.$3,370,400NewBizBotResearch
Kah 20 2nd Avenue LLC$3,040,800NewBizBotResearch

Want to research this company further?

Try NewBizBot free