PPP Loan information for Schad boiler setting company

$2,000,000

Schad boiler setting company was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/10/2021 by The Comerica Bank reported 76 jobs and $2,000,000 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

02/10/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

SCHAD BOILER SETTING COMPANY

Borrower Address

15240 Castleton St

Borrower City

Detroit

Borrower State

MI

Borrower Zip

48227-2015

Loan Status Date

03/26/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

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

76

NAICS Code

238140

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

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

2009611.11

Forgiveness Date

08/10/2021

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