# PPP loan: PEAK HEATING & COOLING, INC.
> **$220K** approved 04/13/2020 · Paid in Full · Loan `4834597110`
## Borrower
- **Name:** PEAK HEATING & COOLING, INC.
- **Address:** 7801 PARK DR Suite B, CHANHASSEN, MN, 55317-9200
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $220K
- **Initial approval:** $220K
- **Forgiven:** $222K (101%)
- **Forgiveness date:** 01/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $176K
- **Rent:** $33K
- **Utilities:** $11K
- **Jobs reported:** 21
## Lender
- **Originating:** Citizens State Bank Norwood Young America
- **Servicing:** Citizens State Bank Norwood Young America (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*