ABLE ELECTRIC COMPANY LLC (NV) - 2020 PPP Loan Borrower Profile (# 2861618302)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABLE ELECTRIC COMPANY 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 Nevada.

Loan Detail

Loan Number

2861618302

SBA Office Code

0944

Processing Method

PPS

Curent Loan Amount

$697,759.64

Date Loan was Approved

Jan 21, 2021

Amount Forgiven

$706,229.67

Date Loan was Forgiven

Apr 11, 2022

Loan Status

Paid in Full

Loan Term

59 Months

Utilities Proced

Payroll Proced

697,754.64

Lender

Western Alliance Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

238210

Borrower Location

Las Vegas, NV

Project Location

Las Vegas, NV

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.