PPP Loan information for Gerardo's foreign car service

$49,600

Gerardo's foreign car service was initially approved for PPP Loan of amount $75,000, the current approved amount is $49,600. The loan was approved on 04/30/2020 by The Dedham Institution for Savings reported 8 jobs and $49,600 was used to fund payroll.

Gerardo's foreign car service is Existing or more than 2 years old

GERARDO'S FOREIGN CAR SERVICE

Date Approved

04/30/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

GERARDO'S FOREIGN CAR SERVICE

Borrower Address

640 HYDE PARK AVE

Borrower City

ROSLINDALE

Borrower State

MA

Borrower Zip

02131-4724

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

75000.00

Current Approval Amount

49600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32760

Servicing Lender Name

Dedham Institution for Savings

Servicing Lender Address

55 Elm St

Servicing Lender City

DEDHAM

Servicing Lender State

MA

Servicing Lender Zip

02026-5996

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROSLINDALE

Project County Name

SUFFOLK

Project State

MA

Project Zip

02131-4724

CD

MA-07

Jobs Reported

8

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

49600.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

32760

Originating Lender

Dedham Institution for Savings

Originating Lender City

DEDHAM

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

41822.25

Forgiveness Date

11/19/2020

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