# PPP loan: PETE'S HEATING & COOLING INC
> **$208K** approved 01/23/2021 · Paid in Full · Loan `4421118300`
## Borrower
- **Name:** PETE'S HEATING & COOLING INC
- **Address:** 12070 Farmington Rd, Livonia, MI, 48150-1726
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $208K
- **Initial approval:** $208K
- **Forgiven:** $209K (101%)
- **Forgiveness date:** 08/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $208K
- **Utilities:** $1
- **Jobs reported:** 18
## Lender
- **Originating:** Independent Bank
- **Servicing:** Independent Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*