# PPP loan: PIPCO AIR CONDITIONING & HEATING CO INC
> **$257K** approved 02/05/2021 · Paid in Full · Loan `3502838410`
## Borrower
- **Name:** PIPCO AIR CONDITIONING & HEATING CO INC
- **Address:** 26 W Aylesbury Rd, Lutherville Timonium, MD, 21093-4105
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $257K
- **Initial approval:** $257K
- **Forgiven:** $260K (101%)
- **Forgiveness date:** 03/17/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $257K
- **Utilities:** $1
- **Jobs reported:** 20
## Lender
- **Originating:** Capital Bank, National Association
- **Servicing:** Capital Bank, National Association (MD)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*