PPP Loan information for Paul n grondin incorporated

$439,081

Paul n grondin incorporated was initially approved for PPP Loan of amount $439,081, the current approved amount is $439,081. The loan was approved on 04/27/2020 by The ChoiceOne Bank reported 96 jobs and $439,081 was used to fund payroll.

Paul n grondin incorporated is Existing or more than 2 years old

PAUL N GRONDIN INCORPORATED

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PAUL N GRONDIN INCORPORATED

Borrower Address

350 N Court St

Borrower City

LAPEER

Borrower State

MI

Borrower Zip

48446-2206

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

439081.00

Current Approval Amount

439081.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36482

Servicing Lender Name

ChoiceOne Bank

Servicing Lender Address

109 E Division

Servicing Lender City

SPARTA

Servicing Lender State

MI

Servicing Lender Zip

49345-1337

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LAPEER

Project County Name

LAPEER

Project State

MI

Project Zip

48446-2206

CD

MI-10

Jobs Reported

96

NAICS Code

812112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

36704.00

Payroll Proceed

348004.00

Mortgage Interest Proceed

36705.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

17668.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36482

Originating Lender

ChoiceOne Bank

Originating Lender City

SPARTA

Originating Lender State

MI

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

444662.74

Forgiveness Date

08/09/2021

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