PPP Loan information for Gallas development llc

$59,600

Gallas development llc was initially approved for PPP Loan of amount $59,600, the current approved amount is $59,600. The loan was approved on 04/05/2020 by The American Community Bank of Indiana reported 23 jobs and $59,600 was used to fund payroll.

Gallas development llc is Existing or more than 2 years old

PPP Loan Search / IN / SCHERERVILLE / Gallas development llc

GALLAS DEVELOPMENT LLC

Date Approved

04/05/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

GALLAS DEVELOPMENT LLC

Borrower Address

410 E US HIGHWAY 30

Borrower City

SCHERERVILLE

Borrower State

IN

Borrower Zip

46375-2611

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

59600.00

Current Approval Amount

59600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84416

Servicing Lender Name

American Community Bank of Indiana

Servicing Lender Address

8230 Hohman Ave

Servicing Lender City

MUNSTER

Servicing Lender State

IN

Servicing Lender Zip

46321-1516

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SCHERERVILLE

Project County Name

LAKE

Project State

IN

Project Zip

46375-2611

CD

IN-01

Jobs Reported

23

NAICS Code

531120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2980.00

Payroll Proceed

50660.00

Mortgage Interest Proceed

5960.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

84416

Originating Lender

American Community Bank of Indiana

Originating Lender City

MUNSTER

Originating Lender State

IN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

49940.31

Forgiveness Date

12/17/2020

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