# PPP loan: HI-TECH FURNACE SYSTEMS, INC.
> **$183K** approved 06/26/2020 · Paid in Full · Loan `4462268001`
## Borrower
- **Name:** HI-TECH FURNACE SYSTEMS, INC.
- **Address:** 13179 West Star Drive, Shelby Twp, MI, 48315-2736
- **NAICS:** 333994
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $183K
- **Initial approval:** $183K
- **Forgiven:** $186K (102%)
- **Forgiveness date:** 02/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $183K
- **Jobs reported:** 10
## Lender
- **Originating:** Flagstar Bank National Association
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*