# PPP loan: AIR CONDITIONING EQUIPMENT SALES INC
> **$814K** approved 04/11/2020 · Paid in Full · Loan `2767887103`
## Borrower
- **Name:** AIR CONDITIONING EQUIPMENT SALES INC
- **Address:** 7314 Impala Drive, Henrico, VA, 23228-4204
- **NAICS:** 423730
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $814K
- **Initial approval:** $814K
- **Forgiven:** $824K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $611K
- **Rent:** $102K
- **Utilities:** $102K
- **Jobs reported:** 55
## Lender
- **Originating:** Fulton Bank, National Association
- **Servicing:** Fulton Bank, National Association (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*