Compressed Air Technologies INC

$892,500 PPP Loan in Florence, Mississippi

Loan Details

Loan Number
4427677004
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$892,500
Current Approval
$892,500
Forgiveness Amount
$901,673
Forgiveness Date
Apr 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Compressed Air Technologies INC
Address
1758 Highway 49
ZIP Code
39073-8079
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423830)
Business Age
Existing or more than 2 years old
Jobs Reported
61
Estimated Revenue
$18.7M
Rural/Urban
Rural
Congressional District
MS-03

Loan Use Breakdown

Payroll
$784,147
Rent
$76,553
Utilities
$31,800

Lender Information

Servicing Lender
Bankplus
Originating Lender
Bankplus

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