PPP Loan information for Air compressor engineering company, inc.

$1,165,500

Air compressor engineering company, inc. was initially approved for PPP Loan of amount $1,165,500, the current approved amount is $1,165,500. The loan was approved on 04/14/2020 by The Manufacturers and Traders Trust Company reported 59 jobs and $1,165,500 was used to fund payroll.

Air compressor engineering company, inc. is Existing or more than 2 years old

AIR COMPRESSOR ENGINEERING COMPANY, INC.

Date Approved

04/14/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

AIR COMPRESSOR ENGINEERING COMPANY, INC.

Borrower Address

17 MEADOW ST

Borrower City

WESTFIELD

Borrower State

MA

Borrower Zip

01085-3221

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1165500.00

Current Approval Amount

1165500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WESTFIELD

Project County Name

HAMPDEN

Project State

MA

Project Zip

01085-3221

CD

MA-01

Jobs Reported

59

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1024000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

141500.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1176228.99

Forgiveness Date

03/30/2021

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