Able Coil & Electronics

$706,972 PPP Loan in Bolton, Connecticut

Loan Details

Loan Number
5730247001
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$706,972
Current Approval
$706,972
Forgiveness Amount
$711,617
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Able Coil & Electronics
Address
25 Howard Road
City
Bolton
ZIP Code
06043-7428
Business Type
Corporation
Industry (NAICS)
Manufacturing (334416)
Business Age
Existing or more than 2 years old
Jobs Reported
73
Estimated Revenue
$19.1M
Rural/Urban
Rural
Congressional District
CT-02

Loan Use Breakdown

Payroll
$706,972

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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