Grapids Heating and Cooling, Inc.

$523,997 PPP Loan in Grand Rapids, Michigan

Loan Details

Loan Number
3779017102
Date Approved
Apr 12, 2020
Loan Status
Paid in Full
Initial Approval
$523,997
Current Approval
$523,997
Forgiveness Amount
$527,563
Forgiveness Date
Dec 17, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Grapids Heating and Cooling, Inc.
Address
3325 3 Mile Road NW
ZIP Code
49534-1225
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
43
Estimated Revenue
$13.6M
Rural/Urban
Urban
Congressional District
MI-03

Loan Use Breakdown

Payroll
$392,997
Rent
$65,500
Utilities
$65,500

Lender Information

Servicing Lender
Security State Bank
Originating Lender
Security State Bank

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