PPP Loan information for General materials, inc.

$142,342

General materials, inc. was initially approved for PPP Loan of amount $145,982, the current approved amount is $142,342. The loan was approved on 04/29/2020 by The County National Bank reported 12 jobs and $142,342 was used to fund payroll.

General materials, inc. is Existing or more than 2 years old

GENERAL MATERIALS, INC.

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

GENERAL MATERIALS, INC.

Borrower Address

2995 BROOKLYN RD

Borrower City

JACKSON

Borrower State

MI

Borrower Zip

49203-4806

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

145982.00

Current Approval Amount

142342.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35318

Servicing Lender Name

County National Bank

Servicing Lender Address

One S Howell St

Servicing Lender City

HILLSDALE

Servicing Lender State

MI

Servicing Lender Zip

49242-1811

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JACKSON

Project County Name

JACKSON

Project State

MI

Project Zip

49203-4806

CD

MI-05

Jobs Reported

12

NAICS Code

444110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

28468.40

Payroll Proceed

113873.60

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

35318

Originating Lender

County National Bank

Originating Lender City

HILLSDALE

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

143844.50

Forgiveness Date

05/24/2021

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