# PPP loan: TAYLOR ELECTRIC & AIR CONDITIONING INC.
> **$151K** approved 04/27/2020 · Paid in Full · Loan `3738857209`
## Borrower
- **Name:** TAYLOR ELECTRIC & AIR CONDITIONING INC.
- **Address:** 509 E Sagamore Ave, Clewiston, FL, 33440-3906
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $151K
- **Initial approval:** $151K
- **Forgiven:** $152K (101%)
- **Forgiveness date:** 12/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $114K
- **Rent:** $38K
- **Jobs reported:** 17
## Lender
- **Originating:** First Bank
- **Servicing:** First Bank (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*