# PPP loan: LOWE HEATING & COOLING, INC.
> **$271K** approved 04/06/2020 · Paid in Full · Loan `6225597005`
## Borrower
- **Name:** LOWE HEATING & COOLING, INC.
- **Address:** 11907 SAM ROPER DR, CHARLOTTE, NC, 28269-7504
- **NAICS:** 531120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $271K
- **Initial approval:** $271K
- **Forgiven:** $272K (101%)
- **Forgiveness date:** 12/04/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $271K
- **Jobs reported:** 26
## Lender
- **Originating:** Peoples Bank
- **Servicing:** Peoples Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*