# PPP loan: PRECISION PLUMBING & HEATING SYSTEMS, INC.
> **$530K** approved 04/15/2020 · Paid in Full · Loan `9736757109`
## Borrower
- **Name:** PRECISION PLUMBING & HEATING SYSTEMS, INC.
- **Address:** 2829 CASS RD, TRAVERSE CITY, MI, 49684-9156
- **NAICS:** 236117
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $530K
- **Initial approval:** $530K
- **Forgiven:** $534K (101%)
- **Forgiveness date:** 12/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $530K
- **Jobs reported:** 40
## Lender
- **Originating:** Independent Bank
- **Servicing:** Independent Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*