# PPP loan: GILBERT HEATING & AIR CONDITIONING, INC
> **$173K** approved 04/07/2020 · Paid in Full · Loan `6548767002`
## Borrower
- **Name:** GILBERT HEATING & AIR CONDITIONING, INC
- **Address:** 2121 Cleveland Rd, SANDUSKY, OH, 44870-4412
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $173K
- **Initial approval:** $173K
- **Forgiven:** $174K (101%)
- **Forgiveness date:** 02/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $130K
- **Mortgage interest:** $22K
- **Utilities:** $22K
- **Jobs reported:** 12
## Lender
- **Originating:** The Croghan Colonial Bank
- **Servicing:** The Croghan Colonial Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*