PPP Loan information for Associated air conditioning & appliances inc

$691,000

Associated air conditioning & appliances inc was initially approved for PPP Loan of amount $691,000, the current approved amount is $691,000. The loan was approved on 04/28/2020 by The Independent Bank reported 67 jobs and $691,000 was used to fund payroll.

Associated air conditioning & appliances inc is Existing or more than 2 years old

ASSOCIATED AIR CONDITIONING & APPLIANCES INC

Date Approved

04/28/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

ASSOCIATED AIR CONDITIONING & APPLIANCES INC

Borrower Address

3227 MILITARY PKWY

Borrower City

MESQUITE

Borrower State

TX

Borrower Zip

75149-2746

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

691000.00

Current Approval Amount

691000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68987

Servicing Lender Name

Independent Bank

Servicing Lender Address

3090 Craig Dr

Servicing Lender City

MCKINNEY

Servicing Lender State

TX

Servicing Lender Zip

75070-4352

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MESQUITE

Project County Name

DALLAS

Project State

TX

Project Zip

75149-2746

CD

TX-32

Jobs Reported

67

NAICS Code

423730

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

40000.00

Payroll Proceed

551000.00

Mortgage Interest Proceed

0.00

Rent Proceed

100000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

68987

Originating Lender

Independent Bank

Originating Lender City

MCKINNEY

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

698505.03

Forgiveness Date

06/03/2021

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