PPP Loan information for Galic corporation

$66,990

Galic corporation was initially approved for PPP Loan of amount $66,989, the current approved amount is $66,990. The loan was approved on 06/14/2020 by The Bank of America, National Association reported 10 jobs and $66,990 was used to fund payroll.

Galic corporation is Existing or more than 2 years old

GALIC CORPORATION

Date Approved

06/14/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

GALIC CORPORATION

Borrower Address

401 BOULEVARD

Borrower City

WESTFIELD

Borrower State

NJ

Borrower Zip

07090-3227

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

66989.00

Current Approval Amount

66990.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WESTFIELD

Project County Name

UNION

Project State

NJ

Project Zip

07090-3227

CD

NJ-07

Jobs Reported

10

NAICS Code

812990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

66990.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

8588.59

Forgiveness Date

02/25/2021

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