# PPP loan: CRAINE AIR CONDITIONING INC.
> **$165K** approved 02/18/2021 · Paid in Full · Loan `1167798501`
## Borrower
- **Name:** CRAINE AIR CONDITIONING INC.
- **Address:** 9005 Liberty Ave, Ozone Park, NY, 11417-1336
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $165K
- **Initial approval:** $165K
- **Forgiven:** $166K (101%)
- **Forgiveness date:** 10/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $165K
- **Utilities:** $1
- **Jobs reported:** 11
## Lender
- **Originating:** Citibank, N.A.
- **Servicing:** Citibank, N.A. (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*