PPP Loan information for Compressed air technologies inc

$892,500

Compressed air technologies inc was initially approved for PPP Loan of amount $892,500, the current approved amount is $892,500. The loan was approved on 04/03/2020 by The BankPlus reported 61 jobs and $892,500 was used to fund payroll.

Compressed air technologies inc is Existing or more than 2 years old

PPP Loan Search / MS / FLORENCE / Compressed air technologies inc

COMPRESSED AIR TECHNOLOGIES INC

Date Approved

04/03/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

COMPRESSED AIR TECHNOLOGIES INC

Borrower Address

1758 HIGHWAY 49

Borrower City

FLORENCE

Borrower State

MS

Borrower Zip

39073-8079

Loan Status Date

05/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

892500.00

Current Approval Amount

892500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39099

Servicing Lender Name

BankPlus

Servicing Lender Address

202 E Jackson St

Servicing Lender City

BELZONI

Servicing Lender State

MS

Servicing Lender Zip

39038-3524

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FLORENCE

Project County Name

RANKIN

Project State

MS

Project Zip

39073-8079

CD

MS-03

Jobs Reported

61

NAICS Code

423830

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

31800.00

Payroll Proceed

784147.00

Mortgage Interest Proceed

0.00

Rent Proceed

76553.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

39099

Originating Lender

BankPlus

Originating Lender City

BELZONI

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

901672.92

Forgiveness Date

04/15/2021

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