# PPP loan: BEL-O COOLING & HEATING INC
> **$528K** approved 04/08/2020 · Paid in Full · Loan `8248867005`
## Borrower
- **Name:** BEL-O COOLING & HEATING INC
- **Address:** 90 WHITEHALL DR, O FALLON, IL, 62269-2670
- **NAICS:** 238220
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $528K
- **Initial approval:** $528K
- **Forgiven:** $532K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $459K
- **Rent:** $7K
- **Utilities:** $3K
- **Health care:** $59K
- **Jobs reported:** 22
## Lender
- **Originating:** Bank of O'Fallon
- **Servicing:** Bank of O'Fallon (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*