PPP Loan information for Jergens piping corporation

$2,000,000

Jergens piping corporation was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/24/2021 by The First National Bank of Michigan reported 246 jobs and $2,000,000 was used to fund payroll.

Jergens piping corporation is Existing or more than 2 years old

PPP Loan Search / MI / Mendon / Jergens piping corporation

JERGENS PIPING CORPORATION

Date Approved

02/24/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

JERGENS PIPING CORPORATION

Borrower Address

21030 M 60

Borrower City

Mendon

Borrower State

MI

Borrower Zip

49072-8725

Loan Status Date

01/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

440800

Servicing Lender Name

First National Bank of Michigan

Servicing Lender Address

348 W Michigan Ave

Servicing Lender City

KALAMAZOO

Servicing Lender State

MI

Servicing Lender Zip

49007-3755

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mendon

Project County Name

SAINT JOSEPH

Project State

MI

Project Zip

49072-8725

CD

MI-05

Jobs Reported

246

NAICS Code

238220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

440800

Originating Lender

First National Bank of Michigan

Originating Lender City

KALAMAZOO

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2015616.44

Forgiveness Date

12/09/2021

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