PPP Loan information for Air distribution systems, inc.

$2,071,115

Air distribution systems, inc. was initially approved for PPP Loan of amount $2,071,115, the current approved amount is $2,071,115. The loan was approved on 04/10/2020 by The Fulton Bank, National Association reported 139 jobs and $2,071,115 was used to fund payroll.

Air distribution systems, inc. is Existing or more than 2 years old

PPP Loan Search / NJ / Cherry Hill / Air distribution systems, inc.

AIR DISTRIBUTION SYSTEMS, INC.

Date Approved

04/10/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

AIR DISTRIBUTION SYSTEMS, INC.

Borrower Address

1000 Astoria Blvd

Borrower City

Cherry Hill

Borrower State

NJ

Borrower Zip

08003-2311

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2071115.00

Current Approval Amount

2071115.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cherry Hill

Project County Name

CAMDEN

Project State

NJ

Project Zip

08003-2311

CD

NJ-01

Jobs Reported

139

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

258889.00

Payroll Proceed

1553337.00

Mortgage Interest Proceed

258889.00

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

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2094990.35

Forgiveness Date

06/11/2021

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