PPP Loan information for Canella heating & air conditioning inc

$269,600

Canella heating & air conditioning inc was initially approved for PPP Loan of amount $269,600, the current approved amount is $269,600. The loan was approved on 04/13/2020 by The Peoples Bank reported 28 jobs and $269,600 was used to fund payroll.

Canella heating & air conditioning inc is Existing or more than 2 years old

CANELLA HEATING & AIR CONDITIONING INC

Date Approved

04/13/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CANELLA HEATING & AIR CONDITIONING INC

Borrower Address

1204 1st St W

Borrower City

CONOVER

Borrower State

NC

Borrower Zip

28613-9621

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

269600.00

Current Approval Amount

269600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50396

Servicing Lender Name

Peoples Bank

Servicing Lender Address

518 W 'C' St

Servicing Lender City

NEWTON

Servicing Lender State

NC

Servicing Lender Zip

28658

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CONOVER

Project County Name

CATAWBA

Project State

NC

Project Zip

28613-9621

CD

NC-10

Jobs Reported

28

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

269600.00

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

50396

Originating Lender

Peoples Bank

Originating Lender City

NEWTON

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

271262.53

Forgiveness Date

12/04/2020

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