# PPP loan: RICH HEATING & COOLING INC.
> **$247K** approved 01/20/2021 · Paid in Full · Loan `1998428300`
## Borrower
- **Name:** RICH HEATING & COOLING INC.
- **Address:** 702 N Walnut, Wapella, IL, 61777
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $247K
- **Initial approval:** $247K
- **Forgiven:** $248K (100%)
- **Forgiveness date:** 07/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $247K
- **Jobs reported:** 20
## Lender
- **Originating:** Heartland Bank and Trust Company
- **Servicing:** Heartland Bank and Trust Company (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*