PPP Loan information for Able heating & cooling, inc.

$87,500

Able heating & cooling, inc. was initially approved for PPP Loan of amount $87,500, the current approved amount is $87,500. The loan was approved on 04/15/2020 by The County National Bank reported 9 jobs and $87,500 was used to fund payroll.

Able heating & cooling, inc. is Existing or more than 2 years old

ABLE HEATING & COOLING, INC.

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ABLE HEATING & COOLING, INC.

Borrower Address

6220 M-99 North

Borrower City

HOMER

Borrower State

MI

Borrower Zip

49245-8416

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

87500.00

Current Approval Amount

87500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35318

Servicing Lender Name

County National Bank

Servicing Lender Address

One S Howell St

Servicing Lender City

HILLSDALE

Servicing Lender State

MI

Servicing Lender Zip

49242-1811

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOMER

Project County Name

CALHOUN

Project State

MI

Project Zip

49245-8416

CD

MI-05

Jobs Reported

9

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4375.00

Payroll Proceed

70000.00

Mortgage Interest Proceed

13125.00

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

35318

Originating Lender

County National Bank

Originating Lender City

HILLSDALE

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

88343.40

Forgiveness Date

04/06/2021

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