Date Approved
04/30/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
MASTERCRAFT HEATING & COOLING INC.
Borrower Address
26641 GRAND RIVER AVE
Borrower City
REDFORD
Borrower State
MI
Borrower Zip
48240-1508
Loan Status Date
01/14/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
574000.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
33850
Servicing Lender Name
Comerica Bank
Servicing Lender Address
1717 Main St
Servicing Lender City
DALLAS
Servicing Lender State
TX
Servicing Lender Zip
75201-4612
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Unanswered
Project City
Project County Name
WAYNE
Project State
Project Zip
CD
MI-12
Jobs Reported
71
NAICS Code
238220
Race
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
504750.00
Mortgage Interest Proceed
69250.00
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Cooperative
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
577459.94
Forgiveness Date
12/15/2020