PPP Loan information for Gala inc

$89,945

Gala inc was initially approved for PPP Loan of amount $89,945, the current approved amount is $89,945. The loan was approved on 04/16/2020 by The JPMorgan Chase Bank, National Association reported 8 jobs and $89,945 was used to fund payroll.

Gala inc is Existing or more than 2 years old

GALA INC

Date Approved

04/16/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

GALA INC

Borrower Address

36 E RIDGEWOOD AVE

Borrower City

RIDGEWOOD

Borrower State

NJ

Borrower Zip

07450

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

89945.00

Current Approval Amount

89945.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RIDGEWOOD

Project County Name

BERGEN

Project State

NJ

Project Zip

07450-1000

CD

NJ-05

Jobs Reported

8

NAICS Code

448110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3000.00

Payroll Proceed

67845.00

Mortgage Interest Proceed

0.00

Rent Proceed

16600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2500.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

90831.36

Forgiveness Date

04/15/2021

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