# PPP loan: CAROLINA AIR HEATING & COOLING INC
> **$447K** approved 04/09/2020 · Paid in Full · Loan `9702807004`
## Borrower
- **Name:** CAROLINA AIR HEATING & COOLING INC
- **Address:** 3700 Hwy 15-501, CARTHAGE, NC, 28327
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $447K
- **Initial approval:** $447K
- **Forgiven:** $451K (101%)
- **Forgiveness date:** 03/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $447K
- **Jobs reported:** 48
## Lender
- **Originating:** First Bank
- **Servicing:** First Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*