PPP Loan information for Galfab holdings inc.

$1,730,000

Galfab holdings inc. was initially approved for PPP Loan of amount $1,730,000, the current approved amount is $1,730,000. The loan was approved on 02/18/2021 by The First Merchants Bank reported 111 jobs and $1,730,000 was used to fund payroll.

Galfab holdings inc. is Existing or more than 2 years old

GALFAB HOLDINGS INC.

Date Approved

02/18/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

GALFAB HOLDINGS INC.

Borrower Address

7820 Graphic Dr

Borrower City

Tinley Park

Borrower State

IL

Borrower Zip

60477-6274

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1730000.00

Current Approval Amount

1730000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Tinley Park

Project County Name

WILL

Project State

IL

Project Zip

60477-6274

CD

IL-01

Jobs Reported

111

NAICS Code

333924

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1729994.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1739242.47

Forgiveness Date

09/08/2021

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