# PPP loan: POLK COUNTY HEATING AND COOLING INC.
> **$254K** approved 04/14/2020 · Paid in Full · Loan `6947237102`
## Borrower
- **Name:** POLK COUNTY HEATING AND COOLING INC.
- **Address:** 206 N 2nd St. Ste A, POLK CITY, IA, 50226
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $254K
- **Initial approval:** $254K
- **Forgiven:** $256K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $236K
- **Rent:** $16K
- **Utilities:** $1K
- **Jobs reported:** 39
## Lender
- **Originating:** South Story Bank & Trust
- **Servicing:** South Story Bank & Trust (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*