PPP Loan information for Schad boiler setting company

$2,146,500

Schad boiler setting company was initially approved for PPP Loan of amount $2,146,500, the current approved amount is $2,146,500. The loan was approved on 04/13/2020 by The Comerica Bank reported 85 jobs and $2,146,500 was used to fund payroll.

Schad boiler setting company is Existing or more than 2 years old

PPP Loan Search / MI / DETROIT / Schad boiler setting company

SCHAD BOILER SETTING COMPANY

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SCHAD BOILER SETTING COMPANY

Borrower Address

15240 CASTLETON ST

Borrower City

DETROIT

Borrower State

MI

Borrower Zip

48227-2015

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2146500.00

Current Approval Amount

2146500.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DETROIT

Project County Name

WAYNE

Project State

MI

Project Zip

48227-2015

CD

MI-12

Jobs Reported

85

NAICS Code

238140

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1717222.02

Mortgage Interest Proceed

429277.98

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2172675.38

Forgiveness Date

07/01/2021

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