ADVANCED HEATING AND COOLING (AL) - 2020 PPP Loan Borrower Profile (# 6047697007)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCED HEATING AND COOLING. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Alabama.

Loan Detail

Loan Number

6047697007

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$69,800

Date Loan was Approved

Apr 6, 2020

Amount Forgiven

$70,523.21

Date Loan was Forgiven

Apr 22, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

3,500

Payroll Proced

65,960

Mortgage Interest Proceed

340

Lender

River Bank & Trust

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

238220

Borrower Location

ALEXANDER CITY, AL

Project Location

ALEXANDER CITY, AL

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.