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Jerry Ables Electric Inc.

$687,800 PPP Loan in Cambridge, Ohio

Loan Details

Loan Number
7980427009
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$687,800
Current Approval
$687,800
Forgiveness Amount
$694,391
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Jerry Ables Electric Inc.
Address
433 Wheeling Ave
City
Cambridge
State
Ohio
ZIP Code
43725-2247
Business Type
Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
67
Estimated Revenue
$21.2M
Rural/Urban
Rural
Congressional District
OH-12

Loan Use Breakdown

Payroll
$515,850
Rent
$171,950

Lender Information

Servicing Lender
Peoples Bank
Originating Lender
Peoples Bank

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