NewBizBot
Try for Free

Gerace Construction Company, Inc.

$591,000 PPP Loan in Midland, Michigan

Loan Details

Loan Number
4761587007
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$591,000
Current Approval
$591,000
Forgiveness Amount
$594,635
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Gerace Construction Company, Inc.
Address
4055 S Saginaw Rd
City
Midland
State
Michigan
ZIP Code
48640-8501
Business Type
Corporation
Industry (NAICS)
Construction (238190)
Business Age
Existing or more than 2 years old
Jobs Reported
27
Estimated Revenue
$6.2M
Rural/Urban
Rural
Congressional District
MI-04

Loan Use Breakdown

Payroll
$583,000
Utilities
$6,000
Mortgage Interest
$2,000

Lender Information

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

Other PPP Loans in Midland, MI

BusinessApproved
Three Rivers Corporation$6,249,801NewBizBotResearch
Bierlein Companies, Inc.$3,959,897NewBizBotResearch
Fisher Contracting Company$2,486,788NewBizBotResearch
Valley Electrical Contractors, Inc.$1,852,200NewBizBotResearch
Case Systems, Inc.$1,780,265NewBizBotResearch

Want to research this company further?

Try NewBizBot free