PPP Loan information for Gerrits construction inc

$208,000

Gerrits construction inc was initially approved for PPP Loan of amount $208,000, the current approved amount is $208,000. The loan was approved on 04/09/2020 by The Paradise Bank reported 16 jobs and $208,000 was used to fund payroll.

Gerrits construction inc is Existing or more than 2 years old

PPP Loan Search / FL / BOCA RATON / Gerrits construction inc

GERRITS CONSTRUCTION INC

Date Approved

04/09/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

GERRITS CONSTRUCTION INC

Borrower Address

8177 W GLADES RD STE 206

Borrower City

BOCA RATON

Borrower State

FL

Borrower Zip

33434-4022

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

208000.00

Current Approval Amount

208000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434144

Servicing Lender Name

Paradise Bank

Servicing Lender Address

2420 N Federal Hwy

Servicing Lender City

BOCA RATON

Servicing Lender State

FL

Servicing Lender Zip

33431-7714

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BOCA RATON

Project County Name

PALM BEACH

Project State

FL

Project Zip

33434-4022

CD

FL-23

Jobs Reported

16

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

178000.00

Mortgage Interest Proceed

0.00

Rent Proceed

30000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

434144

Originating Lender

Paradise Bank

Originating Lender City

BOCA RATON

Originating Lender State

FL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

209172.89

Forgiveness Date

11/03/2020

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