Industrial Air Centers INC

$1,481,400 PPP Loan in Jeffersonville, Indiana

Loan Details

Loan Number
1487937106
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$1,481,400
Current Approval
$1,460,400
Forgiveness Amount
$1,475,410
Forgiveness Date
May 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Industrial Air Centers INC
Address
731 East Market Street
State
Indiana
ZIP Code
47130-3923
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423830)
Business Age
Existing or more than 2 years old
Jobs Reported
88
Estimated Revenue
$27.0M
Rural/Urban
Urban
Congressional District
IN-09

Loan Use Breakdown

Payroll
$1,159,779
Rent
$105,000
Utilities
$22,473
Health Care
$148,148
Debt Interest
$25,000

Lender Information

Servicing Lender
First Savings Bank
Originating Lender
First Savings Bank

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