# PPP loan: IDC CONSTRUCTION AND MECHANICAL SERVICES
> **$162K** approved 04/10/2020 · Paid in Full · Loan `1374337107`
## Borrower
- **Name:** IDC CONSTRUCTION AND MECHANICAL SERVICES
- **Address:** 12737 INKSTER RD, LIVONIA, MI, 48150-2216
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $162K
- **Initial approval:** $162K
- **Forgiven:** $164K (101%)
- **Forgiveness date:** 06/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $122K
- **Utilities:** $41K
- **Jobs reported:** 14
## Lender
- **Originating:** Chelsea State Bank
- **Servicing:** Chelsea State Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*