# PPP loan: ELITE REFRIGERATION & AIR CONDITIONING, INC
> **$163K** approved 04/13/2020 · Paid in Full · Loan `5068887108`
## Borrower
- **Name:** ELITE REFRIGERATION & AIR CONDITIONING, INC
- **Address:** 1296 Robert C Byrd Drive, CRAB ORCHARD, WV, 25827-1701
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $163K
- **Initial approval:** $163K
- **Forgiven:** $164K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $163K
- **Jobs reported:** 16
## Lender
- **Originating:** Pioneer Community Bank, Inc.
- **Servicing:** Pioneer Community Bank, Inc. (WV)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*