PPP Loan information for G & l associates inc

$303,623

G & l associates inc was initially approved for PPP Loan of amount $303,623, the current approved amount is $303,623. The loan was approved on 01/23/2021 by The First American Bank reported 12 jobs and $303,623 was used to fund payroll.

G & l associates inc is Existing or more than 2 years old

G & L ASSOCIATES INC

Date Approved

01/23/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

G & L ASSOCIATES INC

Borrower Address

2340 S River Rd Ste 203

Borrower City

Des Plaines

Borrower State

IL

Borrower Zip

60018-3223

Loan Status Date

01/22/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

303622.50

Current Approval Amount

303622.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21238

Servicing Lender Name

First American Bank

Servicing Lender Address

700 Busse Rd

Servicing Lender City

ELK GROVE VILLAGE

Servicing Lender State

IL

Servicing Lender Zip

60007-2137

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Des Plaines

Project County Name

COOK

Project State

IL

Project Zip

60018-3223

CD

IL-08

Jobs Reported

12

NAICS Code

423330

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

303620.50

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

21238

Originating Lender

First American Bank

Originating Lender City

ELK GROVE VILLAGE

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

306279.20

Forgiveness Date

12/14/2021

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