PPP Loan information for Gemo inc

$66,803

Gemo inc was initially approved for PPP Loan of amount $66,803, the current approved amount is $66,803. The loan was approved on 01/22/2021 by The Independent Bank reported 21 jobs and $66,803 was used to fund payroll.

Gemo inc is Existing or more than 2 years old

GEMO INC

Date Approved

01/22/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

GEMO INC

Borrower Address

6200 Secluded Lake Ct NE

Borrower City

Rockford

Borrower State

MI

Borrower Zip

49341-9670

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

66803.00

Current Approval Amount

66803.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rockford

Project County Name

KENT

Project State

MI

Project Zip

49341-9670

CD

MI-03

Jobs Reported

21

NAICS Code

722410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

66797.00

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

Subchapter S Corporation

Originating Lender Location Id

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

67223.95

Forgiveness Date

09/22/2021

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