PPP Loan information for Albert heating and cooling inc

$218,000

Albert heating and cooling inc was initially approved for PPP Loan of amount $218,000, the current approved amount is $218,000. The loan was approved on 04/03/2020 by The Old Mission Bank reported 22 jobs and $218,000 was used to fund payroll.

Albert heating and cooling inc is Existing or more than 2 years old

PPP Loan Search / MI / SAULT SAINTE MARIE / Albert heating and cooling inc

ALBERT HEATING AND COOLING INC

Date Approved

04/03/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ALBERT HEATING AND COOLING INC

Borrower Address

3147 S. M-129

Borrower City

SAULT SAINTE MARIE

Borrower State

MI

Borrower Zip

49783-9392

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

218000.00

Current Approval Amount

218000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124185

Servicing Lender Name

Old Mission Bank

Servicing Lender Address

2701 I-75 Business Spur

Servicing Lender City

SAULT SAINTE MARIE

Servicing Lender State

MI

Servicing Lender Zip

49783

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAULT SAINTE MARIE

Project County Name

CHIPPEWA

Project State

MI

Project Zip

49783-9392

CD

MI-01

Jobs Reported

22

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

27250.00

Payroll Proceed

163500.00

Mortgage Interest Proceed

0.00

Rent Proceed

27250.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

124185

Originating Lender

Old Mission Bank

Originating Lender City

SAULT SAINTE MARIE

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

219271.67

Forgiveness Date

11/03/2020

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