Able Academics

$625,000 PPP Loan in Acton, California

Loan Details

Loan Number
5715808306
Date Approved
Jan 25, 2021
Loan Status
Paid in Full
Initial Approval
$625,000
Current Approval
$625,000
Forgiveness Amount
$628,194
Forgiveness Date
Aug 6, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Able Academics
Address
3942 Sierra Hwy Ste 5
City
Acton
ZIP Code
93510-1264
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Educational Services (611691)
Business Age
Existing or more than 2 years old
Jobs Reported
83
Estimated Revenue
$10.8M
Rural/Urban
Urban
Congressional District
CA-27

Loan Use Breakdown

Payroll
$624,997
Utilities
$1

Lender Information

Servicing Lender
Mechanics Bank
Originating Lender
Mechanics Bank

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