PPP Loan information for Island air conditioning & heating inc

$355,412

Island air conditioning & heating inc was initially approved for PPP Loan of amount $355,412, the current approved amount is $355,412. The loan was approved on 04/14/2020 by The The First Bank reported 28 jobs and $355,412 was used to fund payroll.

Island air conditioning & heating inc is Existing or more than 2 years old

PPP Loan Search / AL / ORANGE BEACH / Island air conditioning & heating inc

ISLAND AIR CONDITIONING & HEATING INC

Date Approved

04/14/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

ISLAND AIR CONDITIONING & HEATING INC

Borrower Address

4399 LINDSEY LN

Borrower City

ORANGE BEACH

Borrower State

AL

Borrower Zip

36561-5807

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

355412.00

Current Approval Amount

355412.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120708

Servicing Lender Name

The First Bank

Servicing Lender Address

6480 Hwy 98, West

Servicing Lender City

HATTIESBURG

Servicing Lender State

MS

Servicing Lender Zip

39402

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ORANGE BEACH

Project County Name

BALDWIN

Project State

AL

Project Zip

36561-5807

CD

AL-01

Jobs Reported

28

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

337188.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

18224.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

120708

Originating Lender

The First Bank

Originating Lender City

HATTIESBURG

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

359558.47

Forgiveness Date

06/16/2021

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