# PPP loan: R & D CONSTRUCTION CO. HEATING & AIR CONDITIONING INC.
> **$212K** approved 02/20/2021 · Paid in Full · Loan `2592398505`
## Borrower
- **Name:** R & D CONSTRUCTION CO. HEATING & AIR CONDITIONING INC.
- **Address:** 503 N Mill Rd, Kennett Square, PA, 19348-1609
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $212K
- **Initial approval:** $212K
- **Forgiven:** $214K (101%)
- **Forgiveness date:** 01/25/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $212K
- **Utilities:** $1
- **Jobs reported:** 35
## Lender
- **Originating:** S & T Bank
- **Servicing:** S & T Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*