PPP Loan information for Gemo, inc.

$47,717

Gemo, inc. was initially approved for PPP Loan of amount $47,717, the current approved amount is $47,717. The loan was approved on 04/28/2020 by The Independent Bank reported 19 jobs and $47,717 was used to fund payroll.

Gemo, inc. is Existing or more than 2 years old

GEMO, INC.

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

GEMO, INC.

Borrower Address

6200 SECLUDED LAKE CT NE

Borrower City

ROCKFORD

Borrower State

MI

Borrower Zip

49341-9670

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47717.00

Current Approval Amount

47717.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCKFORD

Project County Name

KENT

Project State

MI

Project Zip

49341-9670

CD

MI-03

Jobs Reported

19

NAICS Code

722410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

47717.00

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

Subchapter S Corporation

Originating Lender Location Id

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

48073.90

Forgiveness Date

02/04/2021

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