Able Equipment Rental, Inc.

$4,729,997 PPP Loan in Deer Park, New York

Loan Details

Loan Number
7522057106
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$4,729,997
Current Approval
$2,468,000
Forgiveness Amount
$2,208,473
Forgiveness Date
Dec 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Able Equipment Rental, Inc.
Address
1050 Grand Boulevard
ZIP Code
11729-5710
Business Type
Subchapter S Corporation
Industry (NAICS)
Real Estate and Rental and Leasing (532490)
Business Age
Existing or more than 2 years old
Jobs Reported
224
Estimated Revenue
$101.2M
Rural/Urban
Urban
Congressional District
NY-02

Loan Use Breakdown

Payroll
$2,468,000

Lender Information

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

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