PPP Loan information for Answer heating and cooling, inc.

$484,600

Answer heating and cooling, inc. was initially approved for PPP Loan of amount $484,600, the current approved amount is $484,600. The loan was approved on 04/03/2020 by The 1st State Bank reported 43 jobs and $484,600 was used to fund payroll.

Answer heating and cooling, inc. is Existing or more than 2 years old

PPP Loan Search / MI / FREELAND / Answer heating and cooling, inc.

ANSWER HEATING AND COOLING, INC.

Date Approved

04/03/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ANSWER HEATING AND COOLING, INC.

Borrower Address

8490 MIDLAND RD

Borrower City

FREELAND

Borrower State

MI

Borrower Zip

48623-8432

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

484600.00

Current Approval Amount

484600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378002

Servicing Lender Name

1st State Bank

Servicing Lender Address

4800 Fashion Square Blvd, Ste 100

Servicing Lender City

SAGINAW

Servicing Lender State

MI

Servicing Lender Zip

48604-2619

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FREELAND

Project County Name

SAGINAW

Project State

MI

Project Zip

48623-8432

CD

MI-08

Jobs Reported

43

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3000.00

Payroll Proceed

418000.00

Mortgage Interest Proceed

0.00

Rent Proceed

20000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

39000.00

Debt Interest Proceed

4600

Business Type

Corporation

Originating Lender Location Id

378002

Originating Lender

1st State Bank

Originating Lender City

SAGINAW

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

487332.61

Forgiveness Date

11/03/2020

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