# PPP loan: LOMPOC VALLEY COOLING, INC.
> **$162K** approved 04/09/2020 · Paid in Full · Loan `9512367002`
## Borrower
- **Name:** LOMPOC VALLEY COOLING, INC.
- **Address:** 1501 L ST, LOMPOC, CA, 93436-2808
- **NAICS:** 493120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $162K
- **Initial approval:** $162K
- **Forgiven:** $164K (101%)
- **Forgiveness date:** 03/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $122K
- **Utilities:** $40K
- **Jobs reported:** 16
## Lender
- **Originating:** Pacific Premier Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*