PPP Loan information for Cool air creations, inc.

$474,411

Cool air creations, inc. was initially approved for PPP Loan of amount $552,500, the current approved amount is $474,411. The loan was approved on 04/03/2020 by The BankNewport reported 54 jobs and $474,411 was used to fund payroll.

Cool air creations, inc. is Existing or more than 2 years old

PPP Loan Search / RI / SMITHFIELD / Cool air creations, inc.

COOL AIR CREATIONS, INC.

Date Approved

04/03/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

COOL AIR CREATIONS, INC.

Borrower Address

10 Business park Srive

Borrower City

SMITHFIELD

Borrower State

RI

Borrower Zip

02917

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

552500.00

Current Approval Amount

474411.00

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

RI

Servicing Lender Zip

02840-2948

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SMITHFIELD

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02917-0700

CD

RI-01

Jobs Reported

54

NAICS Code

323113

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

474411.00

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

65657

Originating Lender

BankNewport

Originating Lender City

NEWPORT

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

478440.24

Forgiveness Date

02/26/2021

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