PPP Loan information for Lafayette air conditioning of east tn inc.

$219,500

Lafayette air conditioning of east tn inc. was initially approved for PPP Loan of amount $219,500, the current approved amount is $219,500. The loan was approved on 04/09/2020 by The Thread Bank reported 27 jobs and $219,500 was used to fund payroll.

Lafayette air conditioning of east tn inc. is Existing or more than 2 years old

LAFAYETTE AIR CONDITIONING OF EAST TN INC.

Date Approved

04/09/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

LAFAYETTE AIR CONDITIONING OF EAST TN INC.

Borrower Address

1500 W STONE DR

Borrower City

KINGSPORT

Borrower State

TN

Borrower Zip

37660-2524

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

219500.00

Current Approval Amount

219500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68859

Servicing Lender Name

Thread Bank

Servicing Lender Address

210 E Main St

Servicing Lender City

ROGERSVILLE

Servicing Lender State

TN

Servicing Lender Zip

37857-3312

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

KINGSPORT

Project County Name

SULLIVAN

Project State

TN

Project Zip

37660-2524

CD

TN-01

Jobs Reported

27

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10975.00

Payroll Proceed

175600.00

Mortgage Interest Proceed

10975.00

Rent Proceed

21950.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

68859

Originating Lender

Thread Bank

Originating Lender City

ROGERSVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

220810.99

Forgiveness Date

11/23/2020

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