PPP Loan information for Compressed air systems, inc.

$452,538

Compressed air systems, inc. was initially approved for PPP Loan of amount $452,538, the current approved amount is $452,538. The loan was approved on 04/10/2020 by The Fifth Third Bank reported 29 jobs and $452,538 was used to fund payroll.

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

COMPRESSED AIR SYSTEMS, INC.

Date Approved

04/10/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

COMPRESSED AIR SYSTEMS, INC.

Borrower Address

245 FORBES AVE

Borrower City

SALISBURY

Borrower State

NC

Borrower Zip

28147-6930

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

452537.50

Current Approval Amount

452537.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SALISBURY

Project County Name

ROWAN

Project State

NC

Project Zip

28147-6930

CD

NC-08

Jobs Reported

29

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

452537.50

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

456057.24

Forgiveness Date

02/05/2021

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