PPP Loan information for Russell's heating and air conditioning, inc.

$968,200

Russell's heating and air conditioning, inc. was initially approved for PPP Loan of amount $968,200, the current approved amount is $968,200. The loan was approved on 04/08/2020 by The Southern Bank and Trust Company reported 77 jobs and $968,200 was used to fund payroll.

Russell's heating and air conditioning, inc. is Existing or more than 2 years old

PPP Loan Search / VA / CHESAPEAKE / Russell's heating and air conditioning, inc.

RUSSELL'S HEATING AND AIR CONDITIONING, INC.

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

RUSSELL'S HEATING AND AIR CONDITIONING, INC.

Borrower Address

1100 EXECUTIVE BLVD

Borrower City

CHESAPEAKE

Borrower State

VA

Borrower Zip

23320-3636

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

968200.00

Current Approval Amount

968200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50882

Servicing Lender Name

Southern Bank and Trust Company

Servicing Lender Address

100 N Center St

Servicing Lender City

MOUNT OLIVE

Servicing Lender State

NC

Servicing Lender Zip

28365-1701

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHESAPEAKE

Project County Name

CHESAPEAKE CITY

Project State

VA

Project Zip

23320-3636

CD

VA-03

Jobs Reported

77

NAICS Code

238220

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

968200.00

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

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

976160.76

Forgiveness Date

02/09/2021

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