PPP Loan information for Gerrit's appliance, inc.

$620,100

Gerrit's appliance, inc. was initially approved for PPP Loan of amount $620,100, the current approved amount is $620,100. The loan was approved on 04/14/2020 by The Macatawa Bank reported 56 jobs and $620,100 was used to fund payroll.

Gerrit's appliance, inc. is Existing or more than 2 years old

PPP Loan Search / MI / WYOMING / Gerrit's appliance, inc.

GERRIT'S APPLIANCE, INC.

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

GERRIT'S APPLIANCE, INC.

Borrower Address

2410 28TH ST

Borrower City

WYOMING

Borrower State

MI

Borrower Zip

49519-2104

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

620100.00

Current Approval Amount

620100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122493

Servicing Lender Name

Macatawa Bank

Servicing Lender Address

10753 Macatawa Dr

Servicing Lender City

HOLLAND

Servicing Lender State

MI

Servicing Lender Zip

49424-9572

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WYOMING

Project County Name

KENT

Project State

MI

Project Zip

49519-2104

CD

MI-03

Jobs Reported

56

NAICS Code

443141

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

620100.00

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

122493

Originating Lender

Macatawa Bank

Originating Lender City

HOLLAND

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

627201.42

Forgiveness Date

06/17/2021

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