# PPP loan: RELIANT HEATING & AIR CONDITIONING, INC.
> **$1.56M** approved 04/06/2020 · Paid in Full · Loan `5946787009`
## Borrower
- **Name:** RELIANT HEATING & AIR CONDITIONING, INC.
- **Address:** 3250 Story Road West #106, IRVING, TX, 75038-3531
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.56M
- **Initial approval:** $1.56M
- **Forgiven:** $1.41M (91%)
- **Forgiveness date:** 01/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.25M
- **Rent:** $150K
- **Utilities:** $162K
- **Jobs reported:** 109
## Lender
- **Originating:** Commercial Bank of Texas, N.A.
- **Servicing:** Commercial Bank of Texas, N.A. (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*