PPP Loan information for Gracon services inc.

$110,780

Gracon services inc. was initially approved for PPP Loan of amount $110,780, the current approved amount is $110,780. The loan was approved on 04/27/2020 by The Independent Bank reported 6 jobs and $110,780 was used to fund payroll.

Gracon services inc. is Existing or more than 2 years old

GRACON SERVICES INC.

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

GRACON SERVICES INC.

Borrower Address

4265 OKEMOS RD

Borrower City

OKEMOS

Borrower State

MI

Borrower Zip

48864-3285

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

110780.00

Current Approval Amount

110780.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OKEMOS

Project County Name

INGHAM

Project State

MI

Project Zip

48864-3285

CD

MI-07

Jobs Reported

6

NAICS Code

541512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

110780.00

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

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

111355.44

Forgiveness Date

11/03/2020

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