# PPP loan: AMERICAN COOLING TOWER INC.
> **$205K** approved 05/29/2021 · Paid in Full · Loan `9504359002`
## Borrower
- **Name:** AMERICAN COOLING TOWER INC.
- **Address:** 3130 W Harvard St, Santa Ana, CA, 92704-3937
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $205K
- **Initial approval:** $205K
- **Forgiven:** $206K (101%)
- **Forgiveness date:** 03/01/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $205K
- **Utilities:** $1
- **Jobs reported:** 15
## Lender
- **Originating:** Royal Business Bank
- **Servicing:** Royal Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*