Couts Heating & Cooling, Inc.

$2,000,000 PPP Loan in Corona, California

Loan Details

Loan Number
6130347106
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,019,945
Forgiveness Date
Apr 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Couts Heating & Cooling, Inc.
Address
1693 Rimpau Ave
City
Corona
ZIP Code
92881-3202
Business Type
Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
131
Estimated Revenue
$41.4M
Rural/Urban
Urban
Congressional District
CA-41

Loan Use Breakdown

Payroll
$1,858,000
Rent
$42,000
Utilities
$8,000
Health Care
$90,000
Debt Interest
$2,000

Lender Information

Servicing Lender
American Business Bank
Originating Lender
American Business Bank

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