ABLE TOOL & EQUIPMENT LLC. (CT) - 2020 PPP Loan Borrower Profile (# 4137548401)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABLE TOOL & EQUIPMENT LLC.. 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 Connecticut.

Loan Detail

Loan Number

4137548401

SBA Office Code

0156

Processing Method

PPS

Curent Loan Amount

$317,584

Date Loan was Approved

Feb 6, 2021

Amount Forgiven

$319,472.1

Date Loan was Forgiven

Sep 20, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

317,582

Lender

Webster Bank National Association

Business Detail

Business Type

Corporation

NAICS

423810

Borrower Location

South Windsor, CT

Project Location

South Windsor, CT

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.