# PPP loan: ED BROERMAN HEATING & COOLING, INC
> **$372K** approved 04/07/2020 · Paid in Full · Loan `6776677001`
## Borrower
- **Name:** ED BROERMAN HEATING & COOLING, INC
- **Address:** 4025 GIBSON DR, TIPP CITY, OH, 45371-9065
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $372K
- **Initial approval:** $372K
- **Forgiven:** $376K (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $337K
- **Rent:** $10K
- **Utilities:** $1K
- **Health care:** $20K
- **Debt interest:** $4K
- **Jobs reported:** 27
## Lender
- **Originating:** Brookville Building & Savings Association
- **Servicing:** Brookville Building & Savings Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*