PPP Loan information for Geerpres inc

$230,902

Geerpres inc was initially approved for PPP Loan of amount $230,902, the current approved amount is $230,902. The loan was approved on 04/15/2020 by The ChoiceOne Bank reported 18 jobs and $230,902 was used to fund payroll.

Geerpres inc is New Business or 2 years or less

GEERPRES INC

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

GEERPRES INC

Borrower Address

1780 HARVEY ST

Borrower City

MUSKEGON

Borrower State

MI

Borrower Zip

49442-5378

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

230902.00

Current Approval Amount

230902.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36482

Servicing Lender Name

ChoiceOne Bank

Servicing Lender Address

109 E Division

Servicing Lender City

SPARTA

Servicing Lender State

MI

Servicing Lender Zip

49345-1337

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

MUSKEGON

Project County Name

MUSKEGON

Project State

MI

Project Zip

49442-5378

CD

MI-02

Jobs Reported

18

NAICS Code

423850

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

230902.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36482

Originating Lender

ChoiceOne Bank

Originating Lender City

SPARTA

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

232407.61

Forgiveness Date

12/21/2020

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