Schad Boiler Setting Company

$2,000,000 PPP Loan in Detroit, Michigan

Loan Details

Loan Number
6632618405
Date Approved
Feb 10, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,009,611
Forgiveness Date
Aug 10, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Schad Boiler Setting Company
Address
15240 Castleton St
ZIP Code
48227-2015
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238140)
Business Age
Existing or more than 2 years old
Jobs Reported
76
Estimated Revenue
$8.2M
Rural/Urban
Urban
Congressional District
MI-12

Loan Use Breakdown

Payroll
$2,000,000

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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