Gb Sales & Service, Inc.

$3,760,927 PPP Loan in Canton, Michigan

Loan Details

Loan Number
8796767000
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$3,760,927
Current Approval
$3,760,927
Forgiveness Amount
$3,804,439
Forgiveness Date
Jun 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Gb Sales & Service, Inc.
Address
6865 Commerce Blvd 0.0
City
Canton
ZIP Code
48187-4458
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811412)
Business Age
Existing or more than 2 years old
Jobs Reported
208
Estimated Revenue
$40.8M
Rural/Urban
Urban
Congressional District
MI-06

Loan Use Breakdown

Payroll
$2,671,927
Rent
$249,000
Utilities
$60,000
Health Care
$450,000
Debt Interest
$330,000

Lender Information

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

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