# PPP loan: SHELBY HEATING & AIR-CONDITIONING INC.
> **$160K** approved 02/11/2021 · Paid in Full · Loan `7157388402`
## Borrower
- **Name:** SHELBY HEATING & AIR-CONDITIONING INC.
- **Address:** 1990 Eaves Rd, Shelby, NC, 28152-7319
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $161K (101%)
- **Forgiveness date:** 08/18/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $160K
- **Jobs reported:** 13
## Lender
- **Originating:** Bank OZK
- **Servicing:** Bank OZK (AR)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*