# PPP loan: ASSOCIATED AIR CONDITIONING & APPLIANCES INC
> **$691K** approved 04/28/2020 · Paid in Full · Loan `9695217201`
## Borrower
- **Name:** ASSOCIATED AIR CONDITIONING & APPLIANCES INC
- **Address:** 3227 MILITARY PKWY, MESQUITE, TX, 75149-2746
- **NAICS:** 423730
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $691K
- **Initial approval:** $691K
- **Forgiven:** $699K (101%)
- **Forgiveness date:** 06/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $551K
- **Rent:** $100K
- **Utilities:** $40K
- **Jobs reported:** 67
## Lender
- **Originating:** Independent Bank d/b/a Independent Financial
- **Servicing:** Independent Bank d/b/a Independent Financial (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*