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Air Control, Inc.

$449,000 PPP Loan in Clinton, Iowa

Loan Details

Loan Number
8456197010
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$449,000
Current Approval
$449,000
Forgiveness Amount
$451,507
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Air Control, Inc.
Address
80 14th Avenue North
City
Clinton
State
Iowa
ZIP Code
52732-2928
Business Type
Corporation
Industry (NAICS)
Manufacturing (333415)
Business Age
Existing or more than 2 years old
Jobs Reported
41
Estimated Revenue
$10.7M
Rural/Urban
Rural
Congressional District
IA-01

Loan Use Breakdown

Payroll
$336,750
Utilities
$56,125
Mortgage Interest
$56,125

Lender Information

Servicing Lender
Citizens First Bank
Originating Lender
Citizens First Bank

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