PPP Loan information for Air conditioning products co.

$443,800

Air conditioning products co. was initially approved for PPP Loan of amount $443,800, the current approved amount is $443,800. The loan was approved on 04/30/2020 by The Comerica Bank reported 47 jobs and $443,800 was used to fund payroll.

Air conditioning products co. is Existing or more than 2 years old

PPP Loan Search / MI / ROMULUS / Air conditioning products co.

AIR CONDITIONING PRODUCTS CO.

Date Approved

04/30/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

AIR CONDITIONING PRODUCTS CO.

Borrower Address

30350 ECORSE RD

Borrower City

ROMULUS

Borrower State

MI

Borrower Zip

48174-3522

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

443800.00

Current Approval Amount

443800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROMULUS

Project County Name

WAYNE

Project State

MI

Project Zip

48174-3522

CD

MI-13

Jobs Reported

47

NAICS Code

332322

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

355110.00

Mortgage Interest Proceed

88690.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

396971.67

Forgiveness Date

12/30/2020

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