PPP Loan information for Generation trailers, inc

$165,000

Generation trailers, inc was initially approved for PPP Loan of amount $165,000, the current approved amount is $165,000. The loan was approved on 04/14/2020 by The West Michigan Community Bank reported 26 jobs and $165,000 was used to fund payroll.

Generation trailers, inc is New Business or 2 years or less

GENERATION TRAILERS, INC

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

GENERATION TRAILERS, INC

Borrower Address

92 E. 64TH ST

Borrower City

HOLLAND

Borrower State

MI

Borrower Zip

49423-9322

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

165000.00

Current Approval Amount

165000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35340

Servicing Lender Name

West Michigan Community Bank

Servicing Lender Address

3467 Kelly St

Servicing Lender City

HUDSONVILLE

Servicing Lender State

MI

Servicing Lender Zip

49426-1435

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

HOLLAND

Project County Name

ALLEGAN

Project State

MI

Project Zip

49423-9322

CD

MI-02

Jobs Reported

26

NAICS Code

531120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

165000.00

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

35340

Originating Lender

West Michigan Community Bank

Originating Lender City

HUDSONVILLE

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

166196.25

Forgiveness Date

01/07/2021

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