# PPP loan: ACT HEATING & PLUMBING COMPANY
> **$171K** approved 05/07/2020 · Charged Off · Loan `3235517406`
## Borrower
- **Name:** ACT HEATING & PLUMBING COMPANY
- **Address:** 4 Crest Hollow Court, FARMINGDALE, NY, 11735
- **NAICS:** 423720
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $171K
- **Initial approval:** $171K
- **Status:** Charged Off
- **Term:** 3 months
## Use of funds
- **Payroll:** $157K
- **Rent:** $3K
- **Utilities:** $5K
- **Health care:** $5K
- **Jobs reported:** 7
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*