# PPP loan: SPRING VALLEY AIR CONDITIONING INC.
> **$257K** approved 04/30/2020 · Paid in Full · Loan `5259307308`
## Borrower
- **Name:** SPRING VALLEY AIR CONDITIONING INC.
- **Address:** 1221 BOOKMAN RD, ELGIN, SC, 29045-8657
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $257K
- **Initial approval:** $257K
- **Forgiven:** $261K (101%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $257K
- **Jobs reported:** 26
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*