# PPP loan: POORMAN'S HEATING & AIR CONDITIONING, INC.
> **$315K** approved 04/15/2020 · Paid in Full · Loan `8422117108`
## Borrower
- **Name:** POORMAN'S HEATING & AIR CONDITIONING, INC.
- **Address:** 1417 MARTIN ST, FORT WAYNE, IN, 46802-3309
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $315K
- **Initial approval:** $315K
- **Forgiven:** $317K (101%)
- **Forgiveness date:** 11/27/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $260K
- **Rent:** $12K
- **Utilities:** $6K
- **Health care:** $26K
- **Debt interest:** $11K
- **Jobs reported:** 23
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*