PPP Loan information for Gerard thomas company inc.

$50,000

Gerard thomas company inc. was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,000. The loan was approved on 01/20/2021 by The Bank of Ann Arbor reported 2 jobs and $50,000 was used to fund payroll.

Gerard thomas company inc. is Existing or more than 2 years old

GERARD THOMAS COMPANY INC.

Date Approved

01/20/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

GERARD THOMAS COMPANY INC.

Borrower Address

2000 Town Ctr Ste 1110

Borrower City

Southfield

Borrower State

MI

Borrower Zip

48075-1251

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

50000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119903

Servicing Lender Name

Bank of Ann Arbor

Servicing Lender Address

125 S Fifth Ave

Servicing Lender City

ANN ARBOR

Servicing Lender State

MI

Servicing Lender Zip

48104-1910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Southfield

Project County Name

OAKLAND

Project State

MI

Project Zip

48075-1251

CD

MI-12

Jobs Reported

2

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

49999.00

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

119903

Originating Lender

Bank of Ann Arbor

Originating Lender City

ANN ARBOR

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

50260.27

Forgiveness Date

08/04/2021

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