PPP Loan information for Cooling towers systems, inc.

$88,500

Cooling towers systems, inc. was initially approved for PPP Loan of amount $88,500, the current approved amount is $88,500. The loan was approved on 04/29/2020 by The Cadence Bank reported 8 jobs and $88,500 was used to fund payroll.

Cooling towers systems, inc. is Existing or more than 2 years old

PPP Loan Search / GA / MACON / Cooling towers systems, inc.

COOLING TOWERS SYSTEMS, INC.

Date Approved

04/29/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

COOLING TOWERS SYSTEMS, INC.

Borrower Address

3170 MERCER UNIVERSITY DR

Borrower City

MACON

Borrower State

GA

Borrower Zip

31204-5166

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

88500.00

Current Approval Amount

88500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MACON

Project County Name

BIBB

Project State

GA

Project Zip

31204-5166

CD

GA-02

Jobs Reported

8

NAICS Code

339999

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2000.00

Payroll Proceed

75500.00

Mortgage Interest Proceed

11000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

89431.71

Forgiveness Date

06/17/2021

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