PPP Loan information for Gerber construction co inc

$647,205

Gerber construction co inc was initially approved for PPP Loan of amount $647,205, the current approved amount is $647,205. The loan was approved on 01/21/2021 by The Lake-Osceola State Bank reported 44 jobs and $647,205 was used to fund payroll.

Gerber construction co inc is Existing or more than 2 years old

GERBER CONSTRUCTION CO INC

Date Approved

01/21/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

GERBER CONSTRUCTION CO INC

Borrower Address

20770 W. US 10

Borrower City

Reed City

Borrower State

MI

Borrower Zip

49677

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

647205.00

Current Approval Amount

647205.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33549

Servicing Lender Name

Lake-Osceola State Bank

Servicing Lender Address

790 Michigan Ave

Servicing Lender City

BALDWIN

Servicing Lender State

MI

Servicing Lender Zip

49304-7126

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Reed City

Project County Name

OSCEOLA

Project State

MI

Project Zip

49677

CD

MI-02

Jobs Reported

44

NAICS Code

236210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

647200.00

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

33549

Originating Lender

Lake-Osceola State Bank

Originating Lender City

BALDWIN

Originating Lender State

MI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

649650.00

Forgiveness Date

06/15/2021

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