# PPP loan: A/C GEEKS HEATING & COOLING INC.
> **$220K** approved 05/21/2020 · Paid in Full · Loan `1441127801`
## Borrower
- **Name:** A/C GEEKS HEATING & COOLING INC.
- **Address:** 7924 nagle ave north hollywood ca 91605, north hollywood, CA, 91605
- **NAICS:** 812990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $220K
- **Initial approval:** $220K
- **Forgiven:** $224K (102%)
- **Forgiveness date:** 11/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $165K
- **Rent:** $28K
- **Utilities:** $28K
- **Jobs reported:** 12
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*