PPP Loan information for Precision plumbing & heating systems, inc.

$530,389

Precision plumbing & heating systems, inc. was initially approved for PPP Loan of amount $530,389, the current approved amount is $530,389. The loan was approved on 04/15/2020 by The Independent Bank reported 40 jobs and $530,389 was used to fund payroll.

Precision plumbing & heating systems, inc. is Existing or more than 2 years old

PPP Loan Search / MI / TRAVERSE CITY / Precision plumbing & heating systems, inc.

PRECISION PLUMBING & HEATING SYSTEMS, INC.

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PRECISION PLUMBING & HEATING SYSTEMS, INC.

Borrower Address

2829 CASS RD

Borrower City

TRAVERSE CITY

Borrower State

MI

Borrower Zip

49684-9156

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

530389.00

Current Approval Amount

530389.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

TRAVERSE CITY

Project County Name

GRAND TRAVERSE

Project State

MI

Project Zip

49684-9156

CD

MI-01

Jobs Reported

40

NAICS Code

236117

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

530389.00

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

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

533745.71

Forgiveness Date

12/10/2020

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