AMERICAN AIR CONDITIONING & MECHANICAL INC. (AR) - 2020 PPP Loan Borrower Profile (# 3146318606)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN AIR CONDITIONING & MECHANICAL INC.. 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 Arkansas.

Loan Detail

Loan Number

3146318606

SBA Office Code

0669

Processing Method

PPS

Curent Loan Amount

$575,855

Date Loan was Approved

Mar 16, 2021

Amount Forgiven

$579,294.13

Date Loan was Forgiven

Oct 19, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

575,853

Lender

Arvest Bank

Business Detail

Business Type

Corporation

NAICS

238220

Borrower Location

Springdale, AR

Project Location

Springdale, AR

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.