# PPP loan: AIRCON CORPORATION
> **$440K** approved 04/09/2020 · Paid in Full · Loan `9260287005`
## Borrower
- **Name:** AIRCON CORPORATION
- **Address:** 2873 CHELSEA AVE, MEMPHIS, TN, 38108-1706
- **NAICS:** 333413
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $440K
- **Initial approval:** $440K
- **Forgiven:** $446K (102%)
- **Forgiveness date:** 10/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $440K
- **Jobs reported:** 44
## Lender
- **Originating:** IberiaBank, A Division of First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*