# PPP loan: COOL AIR MECHANICAL, INC.
> **$502K** approved 04/14/2020 · Paid in Full · Loan `5802447100`
## Borrower
- **Name:** COOL AIR MECHANICAL, INC.
- **Address:** 6132 NIELSEN WAY, ANCHORAGE, AK, 99518
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $502K
- **Initial approval:** $502K
- **Forgiven:** $505K (101%)
- **Forgiveness date:** 11/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $488K
- **Rent:** $9K
- **Mortgage interest:** $600
- **Utilities:** $4K
- **Jobs reported:** 25
## Lender
- **Originating:** First National Bank Alaska
- **Servicing:** First National Bank Alaska (AK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*