PPP Loan information for Gdm imports inc

$398,100

Gdm imports inc was initially approved for PPP Loan of amount $398,100, the current approved amount is $398,100. The loan was approved on 04/27/2020 by The Comerica Bank reported 36 jobs and $398,100 was used to fund payroll.

Gdm imports inc is Existing or more than 2 years old

GDM IMPORTS INC

Date Approved

04/27/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

GDM IMPORTS INC

Borrower Address

1415 South Barrington Road

Borrower City

Barrington

Borrower State

IL

Borrower Zip

60010-5205

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

398100.00

Current Approval Amount

398100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Barrington

Project County Name

COOK

Project State

IL

Project Zip

60010-5205

CD

IL-05

Jobs Reported

36

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

318536.00

Mortgage Interest Proceed

79564.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

401583.38

Forgiveness Date

03/22/2021

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