# PPP loan: SUMMIT AIR CONDITIONING INC
> **$196K** approved 04/15/2020 · Paid in Full · Loan `9460117103`
## Borrower
- **Name:** SUMMIT AIR CONDITIONING INC
- **Address:** 7001 NORTON AVE, WEST PALM BEACH, FL, 33405-4845
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $196K
- **Initial approval:** $196K
- **Forgiven:** $197K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $147K
- **Mortgage interest:** $49K
- **Jobs reported:** 13
## Lender
- **Originating:** iTHINK Financial CU
- **Servicing:** iTHINK Financial CU (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*