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Dependable Heating & Cooling, Inc.

$235,070 PPP Loan in Kimball, Michigan

Loan Details

Loan Number
2621357704
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$235,070
Current Approval
$235,070
Forgiveness Amount
$236,791
Forgiveness Date
Jan 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Dependable Heating & Cooling, Inc.
Address
2302 Wadhams Rd
City
Kimball
State
Michigan
ZIP Code
48074
Business Type
Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
18
Estimated Revenue
$5.7M
Rural/Urban
Urban
Congressional District
MI-09

Loan Use Breakdown

Payroll
$205,000
Rent
$10,000
Utilities
$2,500
Health Care
$15,000
Mortgage Interest
$2,570

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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