AIRMASTER HEATING AND AIR CONDITIONING LLC (MI) - 2020 PPP Loan Borrower Profile (# 5534847301)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AIRMASTER HEATING AND AIR CONDITIONING LLC. 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

5534847301

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$534,200

Date Loan was Approved

Apr 30, 2020

Amount Forgiven

$538,443.92

Date Loan was Forgiven

Feb 11, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

427,399.4

Mortgage Interest Proceed

106,800.6

Lender

Comerica Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

423730

Borrower Location

Ferndale, MI

Project Location

Ferndale, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.