# PPP loan: H&R HEATING & AIR CONDITIONING, INC.
> **$244K** approved 04/14/2020 · Paid in Full · Loan `5890577103`
## Borrower
- **Name:** H&R HEATING & AIR CONDITIONING, INC.
- **Address:** 7 King Court, NEW CASTLE, DE, 19720
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $244K
- **Initial approval:** $244K
- **Forgiven:** $246K (101%)
- **Forgiveness date:** 03/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $220K
- **Health care:** $24K
- **Jobs reported:** 20
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*