PPP Loan information for Galo insurance agency inc

$32,330

Galo insurance agency inc was initially approved for PPP Loan of amount $32,330, the current approved amount is $32,330. The loan was approved on 05/04/2020 by The LCA Bank Corporation reported 4 jobs and $32,330 was used to fund payroll.

Galo insurance agency inc is Existing or more than 2 years old

GALO INSURANCE AGENCY INC

Date Approved

05/04/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

GALO INSURANCE AGENCY INC

Borrower Address

1806 GLENVIEW RD

Borrower City

GLENVIEW

Borrower State

IL

Borrower Zip

60025

Loan Status Date

07/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

32330.00

Current Approval Amount

32330.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

443364

Servicing Lender Name

LCA Bank Corporation

Servicing Lender Address

1441 W UTE Blvd Ste 250

Servicing Lender City

PARK CITY

Servicing Lender State

UT

Servicing Lender Zip

84098

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GLENVIEW

Project County Name

COOK

Project State

IL

Project Zip

60025-0001

CD

IL-09

Jobs Reported

4

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

32330.00

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

Subchapter S Corporation

Originating Lender Location Id

443364

Originating Lender

LCA Bank Corporation

Originating Lender City

PARK CITY

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

32532.06

Forgiveness Date

12/28/2020

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