PPP Loan information for Air & hydraulic equipment inc.

$692,512

Air & hydraulic equipment inc. was initially approved for PPP Loan of amount $692,512, the current approved amount is $692,512. The loan was approved on 01/31/2021 by The Regions Bank reported 53 jobs and $692,512 was used to fund payroll.

Air & hydraulic equipment inc. is Existing or more than 2 years old

PPP Loan Search / TN / Chattanooga / Air & hydraulic equipment inc.

AIR & HYDRAULIC EQUIPMENT INC.

Date Approved

01/31/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

AIR & HYDRAULIC EQUIPMENT INC.

Borrower Address

821 E 11th St

Borrower City

Chattanooga

Borrower State

TN

Borrower Zip

37403-3202

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

692512.00

Current Approval Amount

692512.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chattanooga

Project County Name

HAMILTON

Project State

TN

Project Zip

37403-3202

CD

TN-03

Jobs Reported

53

NAICS Code

423830

Race

American Indian or Alaska Native

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

692510.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

695699.45

Forgiveness Date

07/27/2021

;