# PPP loan: AMERICAN INDUSTRIAL HEAT TRANSFER INC.
> **$445K** approved 02/05/2021 · Paid in Full · Loan `3471488408`
## Borrower
- **Name:** AMERICAN INDUSTRIAL HEAT TRANSFER INC.
- **Address:** 355 American Industrial Dr, La Crosse, VA, 23950-2127
- **NAICS:** 423830
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $445K
- **Initial approval:** $445K
- **Forgiven:** $451K (101%)
- **Forgiveness date:** 05/11/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $445K
- **Jobs reported:** 57
## Lender
- **Originating:** Lake Forest Bank & Trust Company, National Association
- **Servicing:** Lake Forest Bank & Trust Company, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*