PPP Loan information for Air distribution systems inc.

$2,000,000

Air distribution systems inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/27/2021 by The Fulton Bank, National Association reported 70 jobs and $2,000,000 was used to fund payroll.

Air distribution systems inc. is Existing or more than 2 years old

PPP Loan Search / NJ / Cherry Hill / Air distribution systems inc.

AIR DISTRIBUTION SYSTEMS INC.

Date Approved

02/27/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

AIR DISTRIBUTION SYSTEMS INC.

Borrower Address

1000 Astoria Blvd Null

Borrower City

Cherry Hill

Borrower State

NJ

Borrower Zip

08003-2311

Loan Status Date

05/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cherry Hill

Project County Name

CAMDEN

Project State

NJ

Project Zip

08003-2311

CD

NJ-01

Jobs Reported

70

NAICS Code

238390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999995.00

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

Corporation

Originating Lender Location Id

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2022465.75

Forgiveness Date

04/18/2022

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