72 HEATING & COOLING, INC. (IA) - 2020 PPP Loan Borrower Profile (# 7158397008)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 72 HEATING & COOLING, INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Iowa.

Loan Detail

Loan Number

7158397008

SBA Office Code

0761

Processing Method

PPP

Curent Loan Amount

$206,000

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$208,031.39

Date Loan was Forgiven

Apr 6, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

4,000

Payroll Proced

182,100

Rent Proceed

11,000

Health Care Proceed

6,600

Debt Interest Proceed

2,300

Lender

Northwest Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

238220

Borrower Location

ANKENY, IA

Project Location

ANKENY, IA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.