# PPP loan: GRAYSON AIR CONDITIONING, INC.
> **$194K** approved 04/28/2020 · Paid in Full · Loan `6430807202`
## Borrower
- **Name:** GRAYSON AIR CONDITIONING, INC.
- **Address:** 7200 Cottage Hill Road, MOBILE, AL, 36695-2825
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $194K
- **Initial approval:** $194K
- **Forgiven:** $195K (101%)
- **Forgiveness date:** 01/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $151K
- **Utilities:** $19K
- **Health care:** $23K
- **Jobs reported:** 14
## Lender
- **Originating:** Community Bank of Mississippi
- **Servicing:** Community Bank of Mississippi (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*