Gehle Company, Inc.

$105,600 PPP Loan in Madison Heights, Michigan

Loan Details

Loan Number
5313067201
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$105,600
Current Approval
$105,600
Forgiveness Amount
$106,361
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Gehle Company, Inc.
Address
201 W 13 Mile Rd
ZIP Code
48071-1870
Business Type
Subchapter S Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541511)
Business Age
Existing or more than 2 years old
Jobs Reported
9
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$79,200
Rent
$8,800
Utilities
$8,800
Mortgage Interest
$8,800

Lender Information

Servicing Lender
First Dakota National Bank
Originating Lender
First Dakota National Bank

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