PPP Loan information for Commercial air systems inc

$465,000

Commercial air systems inc was initially approved for PPP Loan of amount $605,000, the current approved amount is $465,000. The loan was approved on 04/03/2020 by The First Community Bank reported 68 jobs and $465,000 was used to fund payroll.

Commercial air systems inc is Existing or more than 2 years old

COMMERCIAL AIR SYSTEMS INC

Date Approved

04/03/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

COMMERCIAL AIR SYSTEMS INC

Borrower Address

1601 NORTH BRIDGE ST

Borrower City

ELKIN

Borrower State

NC

Borrower Zip

28621-2203

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

605000.00

Current Approval Amount

465000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75351

Servicing Lender Name

First Community Bank

Servicing Lender Address

29 College Dr

Servicing Lender City

BLUEFIELD

Servicing Lender State

VA

Servicing Lender Zip

24605-1736

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELKIN

Project County Name

SURRY

Project State

NC

Project Zip

28621-2203

CD

NC-05

Jobs Reported

68

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

465000.00

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

75351

Originating Lender

First Community Bank

Originating Lender City

BLUEFIELD

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

467531.67

Forgiveness Date

11/03/2020

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