# PPP loan: FIRST CLASS HEATING & AIR CONDITIONING INC
> **$533K** approved 04/14/2020 · Paid in Full · Loan `6756447103`
## Borrower
- **Name:** FIRST CLASS HEATING & AIR CONDITIONING INC
- **Address:** 28418 DUPONT BLVD, MILLSBORO, DE, 19966-1226
- **NAICS:** 333415
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $533K
- **Initial approval:** $533K
- **Forgiven:** $536K (101%)
- **Forgiveness date:** 12/04/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $400K
- **Mortgage interest:** $67K
- **Utilities:** $67K
- **Jobs reported:** 48
## Lender
- **Originating:** The Farmers Bank of Willards
- **Servicing:** The Farmers Bank of Willards (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*