PPP Loan information for Cool air creations inc.

$376,300

Cool air creations inc. was initially approved for PPP Loan of amount $376,300, the current approved amount is $376,300. The loan was approved on 03/24/2021 by The BankNewport reported 43 jobs and $376,300 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

03/24/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

COOL AIR CREATIONS INC.

Borrower Address

10 Business Park Dr

Borrower City

Smithfield

Borrower State

RI

Borrower Zip

02917-1954

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

376299.95

Current Approval Amount

376299.95

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

02917-1954

CD

RI-01

Jobs Reported

43

NAICS Code

541430

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

376296.95

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

378104.13

Forgiveness Date

09/27/2021

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