PPP Loan information for Automatic climate inc

$291,800

Automatic climate inc was initially approved for PPP Loan of amount $291,800, the current approved amount is $291,800. The loan was approved on 04/07/2020 by The Virginia National Bank reported 24 jobs and $291,800 was used to fund payroll.

Automatic climate inc is Existing or more than 2 years old

PPP Loan Search / VA / RICHMOND / Automatic climate inc

AUTOMATIC CLIMATE INC

Date Approved

04/07/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

AUTOMATIC CLIMATE INC

Borrower Address

5420 DISTRIBUTOR DR

Borrower City

RICHMOND

Borrower State

VA

Borrower Zip

23225-6106

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

291800.00

Current Approval Amount

291800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123036

Servicing Lender Name

Virginia National Bank

Servicing Lender Address

222 E Main St

Servicing Lender City

CHARLOTTESVILLE

Servicing Lender State

VA

Servicing Lender Zip

22902-5232

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RICHMOND

Project County Name

RICHMOND CITY

Project State

VA

Project Zip

23225-6106

CD

VA-04

Jobs Reported

24

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

291800.00

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

123036

Originating Lender

Virginia National Bank

Originating Lender City

CHARLOTTESVILLE

Originating Lender State

VA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

294134.40

Forgiveness Date

01/27/2021

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