Gougeon Brothers, INC

$851,200 PPP Loan in Bay City, Michigan

Loan Details

Loan Number
4743247006
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$851,200
Current Approval
$851,200
Forgiveness Amount
$855,976
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Gougeon Brothers, INC
Address
100 Patterson Ave
ZIP Code
48706-4136
Business Type
Corporation
Industry (NAICS)
Manufacturing (325211)
Business Age
Existing or more than 2 years old
Jobs Reported
48
Estimated Revenue
$47.6M
Rural/Urban
Rural
Congressional District
MI-08

Loan Use Breakdown

Payroll
$827,200
Utilities
$19,000
Mortgage Interest
$5,000

Lender Information

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

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