PPP Loan information for Air compressor & motor company

$92,500

Air compressor & motor company was initially approved for PPP Loan of amount $92,500, the current approved amount is $92,500. The loan was approved on 04/14/2020 by The Anchor Bank reported 10 jobs and $92,500 was used to fund payroll.

Air compressor & motor company is Existing or more than 2 years old

AIR COMPRESSOR & MOTOR COMPANY

Date Approved

04/14/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

AIR COMPRESSOR & MOTOR COMPANY

Borrower Address

800 NE 3rd Street

Borrower City

Boynton Beach

Borrower State

FL

Borrower Zip

33435-3194

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

92500.00

Current Approval Amount

92500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

433872

Servicing Lender Name

Anchor Bank

Servicing Lender Address

4500 PGA Blvd, Ste 111

Servicing Lender City

PALM BEACH GARDENS

Servicing Lender State

FL

Servicing Lender Zip

33418-3965

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Boynton Beach

Project County Name

PALM BEACH

Project State

FL

Project Zip

33435-3194

CD

FL-22

Jobs Reported

10

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

69375.00

Mortgage Interest Proceed

0.00

Rent Proceed

23125.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

433872

Originating Lender

Anchor Bank

Originating Lender City

PALM BEACH GARDENS

Originating Lender State

FL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

93242.53

Forgiveness Date

02/09/2021

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