Able Industrial, LLC

$5,717,000 PPP Loan in Deer Park, Texas

Loan Details

Loan Number
9837307004
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$5,717,000
Current Approval
$5,325,400
Forgiveness Amount
$5,387,530
Forgiveness Date
Jun 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Able Industrial, LLC
Address
1250 Clay Court Ste 200
State
Texas
ZIP Code
77536-1859
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (238190)
Business Age
Existing or more than 2 years old
Jobs Reported
176
Estimated Revenue
$40.7M
Rural/Urban
Urban
Congressional District
TX-36

Loan Use Breakdown

Payroll
$5,108,390
Rent
$83,619
Utilities
$10,000
Health Care
$123,391

Lender Information

Servicing Lender
Independent Bank D/b/a Independent Financial
Originating Lender
Independent Bank D/b/a Independent Financial

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