PPP Loan information for Genmar, inc.

$93,156

Genmar, inc. was initially approved for PPP Loan of amount $93,156, the current approved amount is $93,156. The loan was approved on 02/12/2021 by The Chelsea State Bank reported 23 jobs and $93,156 was used to fund payroll.

Genmar, inc. is Existing or more than 2 years old

PPP Loan Search / MI / Chelsea / Genmar, inc.

GENMAR, INC.

Date Approved

02/12/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

GENMAR, INC.

Borrower Address

101 N Main St

Borrower City

Chelsea

Borrower State

MI

Borrower Zip

48118-1263

Loan Status Date

05/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

93156.00

Current Approval Amount

93156.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33691

Servicing Lender Name

Chelsea State Bank

Servicing Lender Address

1010 S Main St

Servicing Lender City

CHELSEA

Servicing Lender State

MI

Servicing Lender Zip

48118-1435

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Chelsea

Project County Name

WASHTENAW

Project State

MI

Project Zip

48118-1263

CD

MI-06

Jobs Reported

23

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

93152.00

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

33691

Originating Lender

Chelsea State Bank

Originating Lender City

CHELSEA

Originating Lender State

MI

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

94263.66

Forgiveness Date

04/28/2022

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