# PPP loan: FM THOMAS AIR CONDITIONING INC
> **$542K** approved 02/03/2021 · Paid in Full · Loan `2532038402`
## Borrower
- **Name:** FM THOMAS AIR CONDITIONING INC
- **Address:** 231 Gemini Ave, Brea, CA, 92821-3704
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $542K
- **Initial approval:** $542K
- **Forgiven:** $546K (101%)
- **Forgiveness date:** 11/10/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $542K
- **Utilities:** $1
- **Jobs reported:** 26
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*