Associated Air Conditioning & Appliances INC

$691,000 PPP Loan in Mesquite, Texas

Loan Details

Loan Number
9695217201
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$691,000
Current Approval
$691,000
Forgiveness Amount
$698,505
Forgiveness Date
Jun 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Associated Air Conditioning & Appliances INC
Address
3227 Military Pkwy
State
Texas
ZIP Code
75149-2746
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423730)
Business Age
Existing or more than 2 years old
Jobs Reported
67
Estimated Revenue
$20.5M
Rural/Urban
Urban
Congressional District
TX-32

Loan Use Breakdown

Payroll
$551,000
Rent
$100,000
Utilities
$40,000

Lender Information

Servicing Lender
Independent Bank D/b/a Independent Financial
Originating Lender
Independent Bank D/b/a Independent Financial

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