PPP Loan information for Carolina air conditioning company, inc.

$1,732,400

Carolina air conditioning company, inc. was initially approved for PPP Loan of amount $1,732,400, the current approved amount is $1,732,400. The loan was approved on 04/10/2020 by The Truist Bank reported 85 jobs and $1,732,400 was used to fund payroll.

Carolina air conditioning company, inc. is Existing or more than 2 years old

PPP Loan Search / NC / RALEIGH / Carolina air conditioning company, inc.

CAROLINA AIR CONDITIONING COMPANY, INC.

Date Approved

04/10/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CAROLINA AIR CONDITIONING COMPANY, INC.

Borrower Address

641 S NEW HOPE RD

Borrower City

RALEIGH

Borrower State

NC

Borrower Zip

27610-1481

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1732400.00

Current Approval Amount

1732400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RALEIGH

Project County Name

WAKE

Project State

NC

Project Zip

27610-1481

CD

NC-13

Jobs Reported

85

NAICS Code

238220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1732400.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1747029.16

Forgiveness Date

02/19/2021

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