# PPP loan: ELITE HEATING AIR CONDITIONING
> **$362K** approved 04/05/2020 · Paid in Full · Loan `5415097004`
## Borrower
- **Name:** ELITE HEATING AIR CONDITIONING
- **Address:** 555 MOUNT TABOR RD, Ste A, NEW ALBANY, IN, 47150-2208
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $362K
- **Initial approval:** $362K
- **Forgiven:** $366K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $322K
- **Health care:** $40K
- **Jobs reported:** 28
## Lender
- **Originating:** South Central Bank, Inc.
- **Servicing:** South Central Bank, Inc. (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*