# PPP loan: AIR RITE HEATING & COOLING, INC.
> **$1.77M** approved 04/28/2020 · Paid in Full · Loan `7484707207`
## Borrower
- **Name:** AIR RITE HEATING & COOLING, INC.
- **Address:** 1150 Frontenac Rd, Naperville, IL, 60563-1749
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.77M
- **Initial approval:** $1.77M
- **Forgiven:** $1.78M (101%)
- **Forgiveness date:** 02/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.77M
- **Jobs reported:** 60
## Lender
- **Originating:** First Midwest Bank, A Division of Old National Bank
- **Servicing:** Old National Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*