# PPP loan: NIEBOER HEATING AND COOLING, INCORPORATED
> **$328K** approved 04/08/2020 · Paid in Full · Loan `8713057005`
## Borrower
- **Name:** NIEBOER HEATING AND COOLING, INCORPORATED
- **Address:** 620 COMMERCE LN, KALAMAZOO, MI, 49004-1116
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $328K
- **Initial approval:** $328K
- **Forgiven:** $330K (101%)
- **Forgiveness date:** 12/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $262K
- **Rent:** $15K
- **Utilities:** $18K
- **Health care:** $33K
- **Jobs reported:** 32
## Lender
- **Originating:** Mercantile Bank
- **Servicing:** Mercantile Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*