ABLE ACADEMICS (CA) - 2020 PPP Loan Borrower Profile (# 5715808306)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABLE ACADEMICS. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in California.

Loan Detail

Loan Number

5715808306

SBA Office Code

0914

Processing Method

PPS

Curent Loan Amount

$625,000

Date Loan was Approved

Jan 25, 2021

Amount Forgiven

$628,194.44

Date Loan was Forgiven

Aug 6, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

624,997

Lender

Mechanics Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

611691

Borrower Location

Acton, CA

Project Location

Acton, CA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.