# PPP loan: BEL-AIRE HEATING & AIR CONDITIONING, INC. OF KALAMAZOO
> **$1.10M** approved 04/15/2020 · Paid in Full · Loan `2068977205`
## Borrower
- **Name:** BEL-AIRE HEATING & AIR CONDITIONING, INC. OF KALAMAZOO
- **Address:** 781 LENOX AVE, PORTAGE, MI, 49024
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.10M
- **Initial approval:** $1.10M
- **Forgiven:** $1.11M (101%)
- **Forgiveness date:** 07/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $967K
- **Rent:** $70K
- **Utilities:** $7K
- **Health care:** $53K
- **Jobs reported:** 105
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*