PPP Loan information for Ger industries inc

$772,795

Ger industries inc was initially approved for PPP Loan of amount $772,795, the current approved amount is $772,795. The loan was approved on 04/06/2021 by The HSBC Bank USA, National Association reported 59 jobs and $772,795 was used to fund payroll.

Ger industries inc is Existing or more than 2 years old

PPP Loan Search / NY / New Rochelle / Ger industries inc

GER INDUSTRIES INC

Date Approved

04/06/2021

SBA Office Code

0202

Processing Method

PPP

Borrower Name

GER INDUSTRIES INC

Borrower Address

28 Potter Ave

Borrower City

New Rochelle

Borrower State

NY

Borrower Zip

10801-2107

Loan Status Date

07/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

772795.00

Current Approval Amount

772795.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378617

Servicing Lender Name

HSBC Bank USA, National Association

Servicing Lender Address

1800 Tysons Blvd, Ste 50 Tysons II

Servicing Lender City

MCLEAN

Servicing Lender State

VA

Servicing Lender Zip

22102-4267

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

New Rochelle

Project County Name

WESTCHESTER

Project State

NY

Project Zip

10801-2107

CD

NY-16

Jobs Reported

59

NAICS Code

321211

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

772795.00

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

378617

Originating Lender

HSBC Bank USA, National Association

Originating Lender City

MCLEAN

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

782240.27

Forgiveness Date

06/28/2022

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