PPP Loan information for Air conditioning specialists inc

$265,400

Air conditioning specialists inc was initially approved for PPP Loan of amount $265,400, the current approved amount is $265,400. The loan was approved on 01/31/2021 by The TowneBank reported 19 jobs and $265,400 was used to fund payroll.

Air conditioning specialists inc is Existing or more than 2 years old

AIR CONDITIONING SPECIALISTS INC

Date Approved

01/31/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

AIR CONDITIONING SPECIALISTS INC

Borrower Address

2618 Airline Blvd

Borrower City

Portsmouth

Borrower State

VA

Borrower Zip

23701-2701

Loan Status Date

08/03/2022

Loan Status

Charged Off

Term

41

SBA Guaranty Percentage

100

Initial Approval Amount

265400.00

Current Approval Amount

265400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Portsmouth

Project County Name

PORTSMOUTH CITY

Project State

VA

Project Zip

23701-2701

CD

VA-03

Jobs Reported

19

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

265398.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;