PPP Loan information for Commercial air, inc.

$775,000

Commercial air, inc. was initially approved for PPP Loan of amount $775,000, the current approved amount is $775,000. The loan was approved on 04/11/2020 by The State Bank reported 49 jobs and $775,000 was used to fund payroll.

Commercial air, inc. is Existing or more than 2 years old

COMMERCIAL AIR, INC.

Date Approved

04/11/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

COMMERCIAL AIR, INC.

Borrower Address

601 RANSDELL RD

Borrower City

LEBANON

Borrower State

IN

Borrower Zip

46052-2374

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

775000.00

Current Approval Amount

775000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23892

Servicing Lender Name

State Bank

Servicing Lender Address

900 E 56th St

Servicing Lender City

BROWNSBURG

Servicing Lender State

IN

Servicing Lender Zip

46112

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LEBANON

Project County Name

BOONE

Project State

IN

Project Zip

46052-2374

CD

IN-04

Jobs Reported

49

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

55000.00

Payroll Proceed

720000.00

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

23892

Originating Lender

State Bank

Originating Lender City

BROWNSBURG

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

779197.92

Forgiveness Date

11/03/2020

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