# PPP loan: PRECISION AIR & HEATING, INC.
> **$861K** approved 04/06/2020 · Paid in Full · Loan `5901517005`
## Borrower
- **Name:** PRECISION AIR & HEATING, INC.
- **Address:** 3045 N Colorado St, CHANDLER, AZ, 85225-1163
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $861K
- **Initial approval:** $1.03M
- **Forgiven:** $870K (101%)
- **Forgiveness date:** 05/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $861K
- **Jobs reported:** 66
## Lender
- **Originating:** Horizon Community Bank
- **Servicing:** Arizona Financial Credit Union (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*