# PPP loan: BURNSVILLE HEATING & AIR CONDITIONING, INC.
> **$389K** approved 04/14/2020 · Paid in Full · Loan `7494657100`
## Borrower
- **Name:** BURNSVILLE HEATING & AIR CONDITIONING, INC.
- **Address:** 3451 West Burnsville Pkwy #120, BURNSVILLE, MN, 55337-4257
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $389K
- **Initial approval:** $389K
- **Forgiven:** $394K (101%)
- **Forgiveness date:** 08/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $311K
- **Rent:** $26K
- **Mortgage interest:** $26K
- **Utilities:** $26K
- **Jobs reported:** 30
## Lender
- **Originating:** The State Bank of Faribault
- **Servicing:** The State Bank of Faribault (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*