# PPP loan: ALLEN HEATING AND COOLING INC.
> **$183K** approved 01/20/2021 · Paid in Full · Loan `2409858308`
## Borrower
- **Name:** ALLEN HEATING AND COOLING INC.
- **Address:** 122 N 2nd St, Rockford, IL, 61107-4051
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $183K
- **Initial approval:** $183K
- **Forgiven:** $184K (101%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $183K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** Northwest Bank of Rockford
- **Servicing:** Northwest Bank of Rockford (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*