# PPP loan: THERMAL-COOL, INC.
> **$392K** approved 04/11/2020 · Paid in Full · Loan `3282007104`
## Borrower
- **Name:** THERMAL-COOL, INC.
- **Address:** 1995 DOWN ST, RIVERSIDE, CA, 92507-2359
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $392K
- **Initial approval:** $392K
- **Forgiven:** $396K (101%)
- **Forgiveness date:** 05/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $316K
- **Rent:** $10K
- **Utilities:** $2K
- **Health care:** $63K
- **Jobs reported:** 44
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*