Gerace Construction Company Inc.

$846,560 PPP Loan in Midland, Michigan

Loan Details

Loan Number
1510618306
Date Approved
Jan 17, 2021
Loan Status
Paid in Full
Initial Approval
$846,560
Current Approval
$846,560
Forgiveness Amount
$852,509
Forgiveness Date
Oct 12, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Gerace Construction Company Inc.
Address
4055 S Saginaw Rd
ZIP Code
48640-8501
Business Type
Corporation
Industry (NAICS)
Construction (236220)
Business Age
Existing or more than 2 years old
Jobs Reported
41
Estimated Revenue
$46.7M
Rural/Urban
Rural
Congressional District
MI-04

Loan Use Breakdown

Payroll
$846,556
Utilities
$1

Lender Information

Servicing Lender
1st State Bank
Originating Lender
1st State Bank

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