# PPP loan: SYSTEMATIC HEATING & COOLING, INC.
> **$201K** approved 04/09/2020 · Paid in Full · Loan `9491067006`
## Borrower
- **Name:** SYSTEMATIC HEATING & COOLING, INC.
- **Address:** 8075 BIG LAKE RD, CLARKSTON, MI, 48346-1000
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $201K
- **Initial approval:** $201K
- **Forgiven:** $204K (101%)
- **Forgiveness date:** 07/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $182K
- **Rent:** $18K
- **Utilities:** $900
- **Jobs reported:** 18
## Lender
- **Originating:** Waterford Bank, National Association
- **Servicing:** Waterford Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*