Date Approved
03/24/2021
SBA Office Code
0165
Processing Method
PPS
Borrower Name
COOL AIR CREATIONS INC.
Borrower Address
10 Business Park Dr
Borrower City
Smithfield
Borrower State
RI
Borrower Zip
02917-1954
Loan Status Date
10/21/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
376299.95
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
65657
Servicing Lender Name
BankNewport
Servicing Lender Address
10 Washington Sq
Servicing Lender City
NEWPORT
Servicing Lender State
Servicing Lender Zip
02840-2948
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
PROVIDENCE
Project State
Project Zip
CD
RI-01
Jobs Reported
43
NAICS Code
541430
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
376296.95
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
378104.13
Forgiveness Date
09/27/2021