PPP Loan information for Genmar, inc.

$66,540

Genmar, inc. was initially approved for PPP Loan of amount $66,540, the current approved amount is $66,540. The loan was approved on 04/15/2020 by The Chelsea State Bank reported 23 jobs and $66,540 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

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

GENMAR, INC.

Borrower Address

101 N MAIN ST

Borrower City

CHELSEA

Borrower State

MI

Borrower Zip

48118-1263

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

66540.00

Current Approval Amount

66540.00

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

2000.00

Payroll Proceed

53232.00

Mortgage Interest Proceed

0.00

Rent Proceed

11308.00

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

67343.95

Forgiveness Date

07/06/2021

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