# PPP loan: INDUSTRIAL HVAC INC.
> **$213K** approved 03/28/2021 · Exemption 4 · Loan `2170638701`
## Borrower
- **Name:** INDUSTRIAL HVAC INC.
- **Address:** 1917 Foundry Ct Ste C Ste C, Ceres, CA, 95307-9223
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $213K
- **Initial approval:** $213K
- **Forgiven:** $107K (50%)
- **Forgiveness date:** 09/29/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $213K
- **Utilities:** $1
- **Jobs reported:** 14
## 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*