# PPP loan: KM ELECTRICAL HEATING & AC, INC.
> **$251K** approved 06/22/2020 · Paid in Full · Loan `1535318001`
## Borrower
- **Name:** KM ELECTRICAL HEATING & AC, INC.
- **Address:** 2865 WILKESBORO HWY, STATESVILLE, NC, 28625-8183
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $251K
- **Initial approval:** $251K
- **Forgiven:** $255K (102%)
- **Forgiveness date:** 01/04/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $251K
- **Jobs reported:** 21
## Lender
- **Originating:** First National Bank of Pennsylvania
- **Servicing:** First National Bank of Pennsylvania (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*