# PPP loan: HAIER PLUMBING & HEATING INC.
> **$1.14M** approved 04/27/2020 · Paid in Full · Loan `3718967210`
## Borrower
- **Name:** HAIER PLUMBING & HEATING INC.
- **Address:** PO BOX 400 301 N Elkton Street, OKAWVILLE, IL, 62271-0400
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.14M
- **Initial approval:** $1.14M
- **Forgiven:** $1.14M (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.11M
- **Rent:** $18K
- **Utilities:** $8K
- **Jobs reported:** 67
## Lender
- **Originating:** The Old Exchange National Bank of Okawville
- **Servicing:** The Old Exchange National Bank of Okawville (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*