PPP Loan information for American cooling systems, llc

$383,895

American cooling systems, llc was initially approved for PPP Loan of amount $383,895, the current approved amount is $383,895. The loan was approved on 04/14/2020 by The Valley National Bank reported 35 jobs and $383,895 was used to fund payroll.

American cooling systems, llc is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / American cooling systems, llc

AMERICAN COOLING SYSTEMS, LLC

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

AMERICAN COOLING SYSTEMS, LLC

Borrower Address

3099 WILSON DR NW

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49534-7565

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

383895.00

Current Approval Amount

383895.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49534-7565

CD

MI-02

Jobs Reported

35

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

38389.00

Payroll Proceed

307117.00

Mortgage Interest Proceed

0.00

Rent Proceed

38389.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

387904.57

Forgiveness Date

04/28/2021

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