PPP Loan information for Precision air heating and air conditioning, inc.

$327,200

Precision air heating and air conditioning, inc. was initially approved for PPP Loan of amount $327,200, the current approved amount is $327,200. The loan was approved on 04/03/2020 by The First National Bank reported 28 jobs and $327,200 was used to fund payroll.

Precision air heating and air conditioning, inc. is Existing or more than 2 years old

PRECISION AIR HEATING AND AIR CONDITIONING, INC.

Date Approved

04/03/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

PRECISION AIR HEATING AND AIR CONDITIONING, INC.

Borrower Address

1018 E. Iowa Street

Borrower City

ELDRIDGE

Borrower State

IA

Borrower Zip

52748-1930

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

327200.00

Current Approval Amount

327200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38099

Servicing Lender Name

First National Bank

Servicing Lender Address

141 E Main St

Servicing Lender City

OLDHAM

Servicing Lender State

SD

Servicing Lender Zip

57051

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELDRIDGE

Project County Name

SCOTT

Project State

IA

Project Zip

52748-1930

CD

IA-01

Jobs Reported

28

NAICS Code

238220

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

17200.00

Payroll Proceed

275000.00

Mortgage Interest Proceed

0.00

Rent Proceed

35000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38099

Originating Lender

First National Bank

Originating Lender City

OLDHAM

Originating Lender State

SD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

329744.89

Forgiveness Date

01/20/2021

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