AIR CONDITIONING ASSOCIATES, INCORPORATED (AL) - 2020 PPP Loan Borrower Profile (# 5425057007)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AIR CONDITIONING ASSOCIATES, INCORPORATED. 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

5425057007

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$238,455

Date Loan was Approved

Apr 5, 2020

Amount Forgiven

$239,971.84

Date Loan was Forgiven

Nov 27, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

238,455

Lender

Friend Bank

Business Detail

Business Type

Corporation

NAICS

238220

Borrower Location

DOTHAN, AL

Project Location

DOTHAN, 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.