PPP Loan information for Power air conditioning

$319,978

Power air conditioning was initially approved for PPP Loan of amount $319,978, the current approved amount is $319,978. The loan was approved on 04/14/2020 by The Truist Bank reported 25 jobs and $319,978 was used to fund payroll.

Power air conditioning is Existing or more than 2 years old

POWER AIR CONDITIONING

Date Approved

04/14/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

POWER AIR CONDITIONING

Borrower Address

1525 N Osprey Ave

Borrower City

SARASOTA

Borrower State

FL

Borrower Zip

34236-2651

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

319978.00

Current Approval Amount

319978.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SARASOTA

Project County Name

SARASOTA

Project State

FL

Project Zip

34236-2651

CD

FL-17

Jobs Reported

25

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

319978.00

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

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

238089.36

Forgiveness Date

02/10/2021

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