PPP Loan information for Industrial air centers inc

$1,460,400

Industrial air centers inc was initially approved for PPP Loan of amount $1,481,400, the current approved amount is $1,460,400. The loan was approved on 04/10/2020 by The First Savings Bank reported 88 jobs and $1,460,400 was used to fund payroll.

Industrial air centers inc is Existing or more than 2 years old

INDUSTRIAL AIR CENTERS INC

Date Approved

04/10/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

INDUSTRIAL AIR CENTERS INC

Borrower Address

731 EAST MARKET STREET

Borrower City

JEFFERSONVILLE

Borrower State

IN

Borrower Zip

47130-3923

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1481400.00

Current Approval Amount

1460400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

85120

Servicing Lender Name

First Savings Bank

Servicing Lender Address

702 N. Shore Dr. #300

Servicing Lender City

Jeffersonville

Servicing Lender State

IN

Servicing Lender Zip

47130

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

JEFFERSONVILLE

Project County Name

CLARK

Project State

IN

Project Zip

47130-3923

CD

IN-09

Jobs Reported

88

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

22473.00

Payroll Proceed

1159779.00

Mortgage Interest Proceed

0.00

Rent Proceed

105000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

148148.00

Debt Interest Proceed

25000

Business Type

Corporation

Originating Lender Location Id

85120

Originating Lender

First Savings Bank

Originating Lender City

Jeffersonville

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1475409.67

Forgiveness Date

05/06/2021

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