# PPP loan: GERREF INDUSTRIES, INC.
> **$311K** approved 04/08/2020 · Paid in Full · Loan `8805217002`
## Borrower
- **Name:** GERREF INDUSTRIES, INC.
- **Address:** 206 YORK ST, BELDING, MI, 48809-1834
- **NAICS:** 333249
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $311K
- **Initial approval:** $311K
- **Forgiven:** $313K (101%)
- **Forgiveness date:** 12/28/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $311K
- **Jobs reported:** 20
## Lender
- **Originating:** Mercantile Bank
- **Servicing:** Mercantile Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*