1ST CHOICE HEATING & COOLING, INC. (MI) - 2020 PPP Loan Borrower Profile (# 9652887105)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1ST CHOICE HEATING & COOLING, INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Michigan.

Loan Detail

Loan Number

9652887105

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$79,887

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$80,642.1

Date Loan was Forgiven

Apr 5, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

79,887

Lender

Independent Bank

Business Detail

Business Type

Corporation

NAICS

238220

Borrower Location

NEWAYGO, MI

Project Location

NEWAYGO, MI

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.