FIRST CLASS HEATING & AIR CONDITIONING INC (DE) - 2020 PPP Loan Borrower Profile (# 6756447103)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to FIRST CLASS HEATING & AIR CONDITIONING 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 Delaware.
Loan Detail
Loan Number
6756447103
SBA Office Code
0341
Processing Method
PPP
Curent Loan Amount
$532,799.87
Date Loan was Approved
Apr 14, 2020
Amount Forgiven
$536,100.27
Date Loan was Forgiven
Dec 4, 2020
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
66,600
Payroll Proced
399,600
Mortgage Interest Proceed
66,599.87
Lender
The Farmers Bank of Willards
Business Detail
Business Type
Subchapter S Corporation
NAICS
333415
Borrower Location
MILLSBORO, DE
Project Location
MILLSBORO, DE
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
48
Business Age Description
Existing or more than 2 years old
Data Source: SBA.