PPP Loan information for Geritom med inc

$1,525,000

Geritom med inc was initially approved for PPP Loan of amount $1,525,000, the current approved amount is $1,525,000. The loan was approved on 04/05/2020 by The Choice Financial Group reported 169 jobs and $1,525,000 was used to fund payroll.

Geritom med inc is Existing or more than 2 years old

PPP Loan Search / MN / MINNEAPOLIS / Geritom med inc

GERITOM MED INC

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

GERITOM MED INC

Borrower Address

10501 FLORIDA AVE S

Borrower City

MINNEAPOLIS

Borrower State

MN

Borrower Zip

55438-2553

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1525000.00

Current Approval Amount

1525000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52934

Servicing Lender Name

Choice Financial Group

Servicing Lender Address

4501 23rd Ave South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8782

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MINNEAPOLIS

Project County Name

HENNEPIN

Project State

MN

Project Zip

55438-2553

CD

MN-03

Jobs Reported

169

NAICS Code

424210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1525000.00

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

52934

Originating Lender

Choice Financial Group

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1536531.51

Forgiveness Date

01/20/2021

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