PPP Loan information for Able heating & air conditioning inc

$938,937

Able heating & air conditioning inc was initially approved for PPP Loan of amount $938,937, the current approved amount is $938,937. The loan was approved on 05/01/2020 by The U.S. Bank, National Association reported 50 jobs and $938,937 was used to fund payroll.

Able heating & air conditioning inc is Existing or more than 2 years old

ABLE HEATING & AIR CONDITIONING INC

Date Approved

05/01/2020

SBA Office Code

0954

Processing Method

PPP

Borrower Name

ABLE HEATING & AIR CONDITIONING INC

Borrower Address

1020 COLORADO AVE

Borrower City

CHULA VISTA

Borrower State

CA

Borrower Zip

91911

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

938937.00

Current Approval Amount

938937.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CHULA VISTA

Project County Name

SAN DIEGO

Project State

CA

Project Zip

91911-0800

CD

CA-52

Jobs Reported

50

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

938937.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

950412.90

Forgiveness Date

07/22/2021

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