PPP Loan information for Elite heating air conditioning

$362,200

Elite heating air conditioning was initially approved for PPP Loan of amount $362,200, the current approved amount is $362,200. The loan was approved on 04/05/2020 by The South Central Bank, Inc. reported 28 jobs and $362,200 was used to fund payroll.

Elite heating air conditioning is Existing or more than 2 years old

PPP Loan Search / IN / NEW ALBANY / Elite heating air conditioning

ELITE HEATING AIR CONDITIONING

Date Approved

04/05/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

ELITE HEATING AIR CONDITIONING

Borrower Address

555 MOUNT TABOR RD, Ste A

Borrower City

NEW ALBANY

Borrower State

IN

Borrower Zip

47150-2208

Loan Status Date

05/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

362200.00

Current Approval Amount

362200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27775

Servicing Lender Name

South Central Bank, Inc.

Servicing Lender Address

501 S L Rogers Wells Blvd

Servicing Lender City

GLASGOW

Servicing Lender State

KY

Servicing Lender Zip

42141

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW ALBANY

Project County Name

FLOYD

Project State

IN

Project Zip

47150-2208

CD

IN-09

Jobs Reported

28

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

322310.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

39890.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

27775

Originating Lender

South Central Bank, Inc.

Originating Lender City

GLASGOW

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

366023.22

Forgiveness Date

04/29/2021

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