Bob's Furnace Service, Inc.

$672,100 PPP Loan in Traverse City, Michigan

Loan Details

Loan Number
5851597106
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$672,100
Current Approval
$672,100
Forgiveness Amount
$676,685
Forgiveness Date
Dec 30, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Bob's Furnace Service, Inc.
Address
1797 Park Dr.
ZIP Code
49686-4703
Business Type
Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
49
Estimated Revenue
$15.5M
Rural/Urban
Rural
Congressional District
MI-01

Loan Use Breakdown

Payroll
$537,704
Rent
$99,896
Utilities
$3,500
Debt Interest
$31,000

Lender Information

Servicing Lender
State Savings Bank
Originating Lender
State Savings Bank

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