PPP Loan information for American air conditioning & mechanical inc.

$575,855

American air conditioning & mechanical inc. was initially approved for PPP Loan of amount $575,855, the current approved amount is $575,855. The loan was approved on 03/16/2021 by The Arvest Bank reported 54 jobs and $575,855 was used to fund payroll.

American air conditioning & mechanical inc. is Existing or more than 2 years old

AMERICAN AIR CONDITIONING & MECHANICAL INC.

Date Approved

03/16/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

AMERICAN AIR CONDITIONING & MECHANICAL INC.

Borrower Address

4315 N Thompson St

Borrower City

Springdale

Borrower State

AR

Borrower Zip

72764-8052

Loan Status Date

11/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

575855.00

Current Approval Amount

575855.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4282

Servicing Lender Name

Arvest Bank

Servicing Lender Address

75 N East Ave

Servicing Lender City

FAYETTEVILLE

Servicing Lender State

AR

Servicing Lender Zip

72701-6171

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Springdale

Project County Name

BENTON

Project State

AR

Project Zip

72764-8052

CD

AR-03

Jobs Reported

54

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

575853.00

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

4282

Originating Lender

Arvest Bank

Originating Lender City

FAYETTEVILLE

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

579294.13

Forgiveness Date

10/19/2021

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