PPP Loan information for Traditional air conditioning inc

$256,610

Traditional air conditioning inc was initially approved for PPP Loan of amount $256,610, the current approved amount is $256,610. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 16 jobs and $256,610 was used to fund payroll.

Traditional air conditioning inc is Existing or more than 2 years old

TRADITIONAL AIR CONDITIONING INC

Date Approved

05/01/2020

SBA Office Code

0235

Processing Method

PPP

Borrower Name

TRADITIONAL AIR CONDITIONING INC

Borrower Address

32 E CARL ST

Borrower City

HICKSVILLE

Borrower State

NY

Borrower Zip

11801

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

256610.00

Current Approval Amount

256610.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HICKSVILLE

Project County Name

NASSAU

Project State

NY

Project Zip

11801-1000

CD

NY-03

Jobs Reported

16

NAICS Code

811412

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2500.00

Payroll Proceed

102644.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

12000.00

Debt Interest Proceed

129466

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

259376.26

Forgiveness Date

06/02/2021

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