Germain On State Ii, LLC

$879,995 PPP Loan in Ann Arbor, Michigan

Loan Details

Loan Number
5371857102
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$879,995
Current Approval
$879,995
Forgiveness Amount
$899,303
Forgiveness Date
Jun 30, 2022
Term
24 months
Draw
First Draw

Business Information

Business Name
Germain On State Ii, LLC
Address
2601 S. State St, 0.0
ZIP Code
48104-6735
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
84
Estimated Revenue
$21.2M
Rural/Urban
Urban
Congressional District
MI-06

Loan Use Breakdown

Payroll
$659,996
Rent
$105,000
Utilities
$6,782
Health Care
$27,000
Debt Interest
$81,217

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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