# PPP loan: AIRMAX HEATING AND COOLING INC
> **$247K** approved 04/09/2020 · Paid in Full · Loan `9079367000`
## Borrower
- **Name:** AIRMAX HEATING AND COOLING INC
- **Address:** 4563 Technology Drive, WILMINGTON, NC, 28405-2144
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $247K
- **Initial approval:** $247K
- **Forgiven:** $249K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $185K
- **Rent:** $31K
- **Utilities:** $31K
- **Jobs reported:** 30
## Lender
- **Originating:** First Bank
- **Servicing:** First Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*