PPP Loan information for A&f water heater inc

$232,450

A&f water heater inc was initially approved for PPP Loan of amount $116,225, the current approved amount is $232,450. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 20 jobs and $232,450 was used to fund payroll.

A&f water heater inc is New Business or 2 years or less

PPP Loan Search / MI / STERLING HTS / A&f water heater inc

A&F WATER HEATER INC

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

A&F WATER HEATER INC

Borrower Address

35170 BEATTIE DR

Borrower City

STERLING HTS

Borrower State

MI

Borrower Zip

48312-2606

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

116225.00

Current Approval Amount

232450.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

STERLING HTS

Project County Name

MACOMB

Project State

MI

Project Zip

48312-2606

CD

MI-10

Jobs Reported

20

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

232450.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

213173.05

Forgiveness Date

10/07/2021

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