PPP Loan information for Gallant construction company inc.

$534,000

Gallant construction company inc. was initially approved for PPP Loan of amount $534,000, the current approved amount is $534,000. The loan was approved on 04/04/2020 by The American Community Bank & Trust reported 35 jobs and $534,000 was used to fund payroll.

Gallant construction company inc. is Existing or more than 2 years old

GALLANT CONSTRUCTION COMPANY INC.

Date Approved

04/04/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

GALLANT CONSTRUCTION COMPANY INC.

Borrower Address

345 Memorial Drive

Borrower City

CRYSTAL LAKE

Borrower State

IL

Borrower Zip

60014-6226

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

534000.00

Current Approval Amount

534000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124396

Servicing Lender Name

American Community Bank & Trust

Servicing Lender Address

1290 Lake Ave

Servicing Lender City

WOODSTOCK

Servicing Lender State

IL

Servicing Lender Zip

60098-7415

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CRYSTAL LAKE

Project County Name

MCHENRY

Project State

IL

Project Zip

60014-6226

CD

IL-11

Jobs Reported

35

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

534000.00

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

124396

Originating Lender

American Community Bank & Trust

Originating Lender City

WOODSTOCK

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

537515.50

Forgiveness Date

12/04/2020

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