ABLE CONTRACTING INC (NJ) - 2020 PPP Loan Borrower Profile (# 7045347705)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABLE CONTRACTING INC. 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 New Jersey.

Loan Detail

Loan Number

7045347705

SBA Office Code

0299

Processing Method

PPP

Curent Loan Amount

$12,724

Date Loan was Approved

May 1, 2020

Amount Forgiven

$12,796.36

Date Loan was Forgiven

Feb 16, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

12,724

Lender

Bank of America, National Association

Business Detail

Business Type

Corporation

NAICS

561730

Borrower Location

FAIR LAWN, NJ

Project Location

FAIR LAWN, NJ

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.