# PPP loan: FIRST RATE PLUMBING INC
> **$151K** approved 06/11/2020 · Paid in Full · Loan `2164427901`
## Borrower
- **Name:** FIRST RATE PLUMBING INC
- **Address:** 3537 S LAPEER ROAD, METAMORA, MI, 48455-8938
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $151K
- **Initial approval:** $151K
- **Forgiven:** $153K (101%)
- **Forgiveness date:** 08/02/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $151K
- **Jobs reported:** 11
## Lender
- **Originating:** Dort Financial CU
- **Servicing:** Dort Financial CU (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*