PPP Loan information for Modern heating and cooling.inc

$279,250

Modern heating and cooling.inc was initially approved for PPP Loan of amount $279,250, the current approved amount is $279,250. The loan was approved on 04/08/2020 by The The Exchange Bank of Alabama reported 28 jobs and $279,250 was used to fund payroll.

Modern heating and cooling.inc is Existing or more than 2 years old

PPP Loan Search / AL / GADSDEN / Modern heating and cooling.inc

MODERN HEATING AND COOLING.INC

Date Approved

04/08/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MODERN HEATING AND COOLING.INC

Borrower Address

707 SOUTHERN AVE

Borrower City

GADSDEN

Borrower State

AL

Borrower Zip

35901-3146

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

279250.00

Current Approval Amount

279250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20

Servicing Lender Name

The Exchange Bank of Alabama

Servicing Lender Address

7170 6th Ave

Servicing Lender City

ALTOONA

Servicing Lender State

AL

Servicing Lender Zip

35952-5952

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GADSDEN

Project County Name

ETOWAH

Project State

AL

Project Zip

35901-3146

CD

AL-04

Jobs Reported

28

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

279250.00

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

20

Originating Lender

The Exchange Bank of Alabama

Originating Lender City

ALTOONA

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

281338.64

Forgiveness Date

01/14/2021

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