PPP Loan information for Gerald enterprises inc

$40,292

Gerald enterprises inc was initially approved for PPP Loan of amount $40,292, the current approved amount is $40,292. The loan was approved on 02/22/2021 by The The Farmers Bank, Frankfort, Indiana reported 7 jobs and $40,292 was used to fund payroll.

Gerald enterprises inc is Existing or more than 2 years old

PPP Loan Search / IN / Frankfort / Gerald enterprises inc

GERALD ENTERPRISES INC

Date Approved

02/22/2021

SBA Office Code

0562

Processing Method

PPP

Borrower Name

GERALD ENTERPRISES INC

Borrower Address

925 S Prairie Ave

Borrower City

Frankfort

Borrower State

IN

Borrower Zip

46041-7438

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40292.00

Current Approval Amount

40292.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23150

Servicing Lender Name

The Farmers Bank, Frankfort, Indiana

Servicing Lender Address

9 E Clinton St

Servicing Lender City

FRANKFORT

Servicing Lender State

IN

Servicing Lender Zip

46041-1902

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Frankfort

Project County Name

CLINTON

Project State

IN

Project Zip

46041-7438

CD

IN-04

Jobs Reported

7

NAICS Code

811121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

40287.00

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

23150

Originating Lender

The Farmers Bank, Frankfort, Indiana

Originating Lender City

FRANKFORT

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40509.47

Forgiveness Date

09/08/2021

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