PPP Loan information for Choates air conditioning and heating

$1,164,700

Choates air conditioning and heating was initially approved for PPP Loan of amount $1,164,700, the current approved amount is $1,164,700. The loan was approved on 04/07/2020 by The First Horizon Bank reported 80 jobs and $1,164,700 was used to fund payroll.

Choates air conditioning and heating is Existing or more than 2 years old

CHOATES AIR CONDITIONING AND HEATING

Date Approved

04/07/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

CHOATES AIR CONDITIONING AND HEATING

Borrower Address

820 Hebert Road Ste 104

Borrower City

CORDOVA

Borrower State

TN

Borrower Zip

38018

Loan Status Date

09/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1164700.00

Current Approval Amount

1164700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CORDOVA

Project County Name

SHELBY

Project State

TN

Project Zip

38018-0100

CD

TN-09

Jobs Reported

80

NAICS Code

333415

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1164700.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1180779.33

Forgiveness Date

08/26/2021

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