# PPP loan: FRED'S HEATING & AIR CONDITIONING INC
> **$617K** approved 04/04/2020 · Paid in Full · Loan `4862047008`
## Borrower
- **Name:** FRED'S HEATING & AIR CONDITIONING INC
- **Address:** 6596 S 118th St, OMAHA, NE, 68137-3577
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $617K
- **Initial approval:** $617K
- **Forgiven:** $622K (101%)
- **Forgiveness date:** 03/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $594K
- **Rent:** $19K
- **Utilities:** $3K
- **Jobs reported:** 49
## Lender
- **Originating:** Northwest Bank
- **Servicing:** Northwest Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*