PPP Loan information for Gala inc

$90,000

Gala inc was initially approved for PPP Loan of amount $90,000, the current approved amount is $90,000. The loan was approved on 02/09/2021 by The Blue Foundry Bank reported 7 jobs and $90,000 was used to fund payroll.

Gala inc is Existing or more than 2 years old

GALA INC

Date Approved

02/09/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

GALA INC

Borrower Address

36 E Ridgewood Ave

Borrower City

Ridgewood

Borrower State

NJ

Borrower Zip

07450-3808

Loan Status Date

01/26/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

90000.00

Current Approval Amount

90000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

85732

Servicing Lender Name

Blue Foundry Bank

Servicing Lender Address

19 Park Avenue

Servicing Lender City

Rutherford

Servicing Lender State

NJ

Servicing Lender Zip

07070

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

07450-3808

CD

NJ-05

Jobs Reported

7

NAICS Code

532281

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

89998.00

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

Corporation

Originating Lender Location Id

85732

Originating Lender

Blue Foundry Bank

Originating Lender City

Rutherford

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

90760.00

Forgiveness Date

12/17/2021

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