PPP Loan information for Advanced cooling technologies inc

$1,816,871

Advanced cooling technologies inc was initially approved for PPP Loan of amount $1,816,871, the current approved amount is $1,816,871. The loan was approved on 04/11/2020 by The Fulton Bank, National Association reported 122 jobs and $1,816,871 was used to fund payroll.

Advanced cooling technologies inc is Existing or more than 2 years old

PPP Loan Search / PA / Lancaster / Advanced cooling technologies inc

ADVANCED COOLING TECHNOLOGIES INC

Date Approved

04/11/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

ADVANCED COOLING TECHNOLOGIES INC

Borrower Address

1046 New Holland Ave

Borrower City

Lancaster

Borrower State

PA

Borrower Zip

17601-5606

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1816871.09

Current Approval Amount

1816871.09

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lancaster

Project County Name

LANCASTER

Project State

PA

Project Zip

17601-5606

CD

PA-11

Jobs Reported

122

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

227109.26

Payroll Proceed

1362652.56

Mortgage Interest Proceed

0.00

Rent Proceed

227109.27

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1828983.56

Forgiveness Date

12/21/2020

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