# PPP loan: AMERICAN HEATING INC.
> **$4.38M** approved 04/11/2020 · Paid in Full · Loan `2747117109`
## Borrower
- **Name:** AMERICAN HEATING INC.
- **Address:** 24TH AVE, PORTLAND, OR, 97202-4765
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.38M
- **Initial approval:** $4.38M
- **Forgiven:** $4.43M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.16M
- **Rent:** $175K
- **Utilities:** $44K
- **Jobs reported:** 434
## Lender
- **Originating:** Banner Bank
- **Servicing:** Banner Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*