PPP Loan information for The l.j. gascho furniture company

$506,875

The l.j. gascho furniture company was initially approved for PPP Loan of amount $506,875, the current approved amount is $506,875. The loan was approved on 04/06/2020 by The Thumb Bank & Trust reported 56 jobs and $506,875 was used to fund payroll.

The l.j. gascho furniture company is Existing or more than 2 years old

THE L.J. GASCHO FURNITURE COMPANY

Date Approved

04/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

THE L.J. GASCHO FURNITURE COMPANY

Borrower Address

8308 Haist Road

Borrower City

PIGEON

Borrower State

MI

Borrower Zip

48755-9556

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

506875.00

Current Approval Amount

506875.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36209

Servicing Lender Name

Thumb Bank & Trust

Servicing Lender Address

7254 Michigan Ave

Servicing Lender City

PIGEON

Servicing Lender State

MI

Servicing Lender Zip

48755

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PIGEON

Project County Name

HURON

Project State

MI

Project Zip

48755-9556

CD

MI-09

Jobs Reported

56

NAICS Code

337214

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15600.00

Payroll Proceed

445895.00

Mortgage Interest Proceed

0.00

Rent Proceed

33000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2880.00

Debt Interest Proceed

9500

Business Type

Partnership

Originating Lender Location Id

36209

Originating Lender

Thumb Bank & Trust

Originating Lender City

PIGEON

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

510638.37

Forgiveness Date

01/12/2021

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