# PPP loan: HOSLER MECHANICAL INC.
> **$5.48M** approved 04/04/2020 · Paid in Full · Loan `4972757010`
## Borrower
- **Name:** HOSLER MECHANICAL INC.
- **Address:** 10800 GALAXIE AVE, FERNDALE, MI, 48220-2132
- **NAICS:** 238290
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.48M
- **Initial approval:** $5.48M
- **Forgiven:** $5.58M (102%)
- **Forgiveness date:** 01/21/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $5.46M
- **Mortgage interest:** $16K
- **Utilities:** $8K
- **Jobs reported:** 215
## Lender
- **Originating:** Oxford Bank
- **Servicing:** Oxford Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*