# PPP loan: THE WALTERS AIRCONDITIONING COMPANY INC
> **$735K** approved 04/09/2020 · Paid in Full · Loan `9901327005`
## Borrower
- **Name:** THE WALTERS AIRCONDITIONING COMPANY INC
- **Address:** 9 PETRA LN, ALBANY, NY, 12205-4961
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $735K
- **Initial approval:** $735K
- **Forgiven:** $740K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $588K
- **Mortgage interest:** $74K
- **Utilities:** $74K
- **Jobs reported:** 32
## Lender
- **Originating:** Trustco Bank
- **Servicing:** Trustco Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*