# PPP loan: AIR CONDITIONING SPECIALISTS INC
> **$265K** approved 04/11/2020 · Charged Off · Loan `3252427100`
## Borrower
- **Name:** AIR CONDITIONING SPECIALISTS INC
- **Address:** 2618 Airline Blvd, PORTSMOUTH, VA, 23701-2701
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $265K
- **Initial approval:** $254K
- **Status:** Charged Off
- **Term:** 3 months
## Use of funds
- **Payroll:** $265K
- **Jobs reported:** 20
## Lender
- **Originating:** TowneBank
- **Servicing:** TowneBank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*