# PPP loan: STATE A/C INC.
> **$253K** approved 04/07/2020 · Paid in Full · Loan `7175917000`
## Borrower
- **Name:** STATE A/C INC.
- **Address:** 5515 TAYLORS VALLEY RD, TEMPLE, TX, 76502-8758
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $253K
- **Initial approval:** $253K
- **Forgiven:** $255K (101%)
- **Forgiveness date:** 07/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $253K
- **Jobs reported:** 24
## Lender
- **Originating:** VeraBank, National Association
- **Servicing:** VeraBank, National Association (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*