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
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
Servicing Lender Zip
33418-3965
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
PALM BEACH
Project State
Project Zip
CD
FL-22
Jobs Reported
10
NAICS Code
423830
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
69375.00
Mortgage Interest Proceed
Rent Proceed
23125.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
93242.53
Forgiveness Date
02/09/2021