PPP Loan information for Gerotech, inc.

$2,828,668

Gerotech, inc. was initially approved for PPP Loan of amount $2,828,668, the current approved amount is $2,828,668. The loan was approved on 04/14/2020 by The Fifth Third Bank reported 72 jobs and $2,828,668 was used to fund payroll.

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

PPP Loan Search / MI / FLAT ROCK / Gerotech, inc.

GEROTECH, INC.

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

GEROTECH, INC.

Borrower Address

29220 COMMERCE DR

Borrower City

FLAT ROCK

Borrower State

MI

Borrower Zip

48134

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2828667.50

Current Approval Amount

2828667.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FLAT ROCK

Project County Name

WAYNE

Project State

MI

Project Zip

48134-0001

CD

MI-06

Jobs Reported

72

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2828667.50

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2860882.88

Forgiveness Date

06/11/2021

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