Gerace Construction Company Inc.
4055 S Saginaw Rd, Midland, MI 48640 · Commercial and Institutional Building Construction (NAICS 236220)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
1
Total Amount
$1.6M
Jobs Supported
28
Years Active
2022
Loan History (1)
Source: SBA FOIA7(a)$1,650,000
Paid in Full
- Approved
- Nov 12, 2021 (FY2022)
- SBA Guaranteed
- $1,237,500 (75%)
- Term
- 36 months (3.0 yrs)
- Interest Rate
- 5.50%
- Revolver
- 1
- Jobs Supported
- 28
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- Industry
- Commercial and Institutional Building Construction (NAICS 236220)
- Paid in Full
- Aug 31, 2024
Lender
1st State Bank
4800 Fashion Square Blvd, Ste, Saginaw, MI 48604
Project Location
Midland County, MI
Business Details
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- NAICS Code
- 236220 — Commercial and Institutional Building Construction
- Address
- 4055 S Saginaw Rd
Midland, MI 48640
Lender
- 1st State Bank
- 4800 Fashion Square Blvd, Ste, Saginaw, MI 48604