# PPP loan: TIM'S HEATING & AIR CONDITIONING, INC
> **$225K** approved 04/28/2020 · Paid in Full · Loan `7792527203`
## Borrower
- **Name:** TIM'S HEATING & AIR CONDITIONING, INC
- **Address:** 513 South Dudley Street  PO Box 277, BURGAW, NC, 28425-0277
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $225K
- **Initial approval:** $225K
- **Forgiven:** $228K (101%)
- **Forgiveness date:** 08/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $225K
- **Jobs reported:** 27
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*