# PPP loan: MASTERCRAFT HEATING & COOLING INC.
> **$574K** approved 04/30/2020 · Paid in Full · Loan `4923907305`
## Borrower
- **Name:** MASTERCRAFT HEATING & COOLING INC.
- **Address:** 26641 GRAND RIVER AVE, REDFORD, MI, 48240-1508
- **NAICS:** 238220
- **Business type:** Cooperative
- **Business age:** Unanswered
## Loan
- **Approval amount:** $574K
- **Initial approval:** $574K
- **Forgiven:** $577K (101%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $505K
- **Mortgage interest:** $69K
- **Jobs reported:** 71
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*