# PPP loan: THERMOELECTRIC COOLING AMERICA CORPORATION
> **$320K** approved 04/07/2020 · Paid in Full · Loan `6456107006`
## Borrower
- **Name:** THERMOELECTRIC COOLING AMERICA CORPORATION
- **Address:** 4048 W. SCHUBERT AVE, CHICAGO, IL, 60639-2122
- **NAICS:** 339999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $320K
- **Initial approval:** $320K
- **Forgiven:** $323K (101%)
- **Forgiveness date:** 05/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $320K
- **Rent:** $1
- **Utilities:** $1
- **Jobs reported:** 23
## Lender
- **Originating:** Belmont Bank & Trust Company
- **Servicing:** Belmont Bank & Trust Company (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*