PPP Loan information for Air king inc

$488,300

Air king inc was initially approved for PPP Loan of amount $488,300, the current approved amount is $488,300. The loan was approved on 04/03/2020 by The First Mid Bank & Trust, National Association reported 31 jobs and $488,300 was used to fund payroll.

Air king inc is Existing or more than 2 years old

AIR KING INC

Date Approved

04/03/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

AIR KING INC

Borrower Address

250 E. ELDORADO ST

Borrower City

DECATUR

Borrower State

IL

Borrower Zip

62523-1111

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

488300.00

Current Approval Amount

488300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21908

Servicing Lender Name

First Mid Bank & Trust, National Association

Servicing Lender Address

1515 Charleston Ave.

Servicing Lender City

MATTOON

Servicing Lender State

IL

Servicing Lender Zip

61938-3932

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DECATUR

Project County Name

MACON

Project State

IL

Project Zip

62523-1111

CD

IL-13

Jobs Reported

31

NAICS Code

238220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

48830.00

Payroll Proceed

439470.00

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

21908

Originating Lender

First Mid Bank & Trust, National Association

Originating Lender City

MATTOON

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

491134.85

Forgiveness Date

11/05/2020

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