PPP Loan information for Gerards diesel & automotive garage

$25,968

Gerards diesel & automotive garage was initially approved for PPP Loan of amount $25,968, the current approved amount is $25,968. The loan was approved on 05/06/2020 by The Square Capital, LLC reported 3 jobs and $25,968 was used to fund payroll.

Gerards diesel & automotive garage is New Business or 2 years or less

GERARDS DIESEL & AUTOMOTIVE GARAGE

Date Approved

05/06/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

GERARDS DIESEL & AUTOMOTIVE GARAGE

Borrower Address

1027 Connahetta St

Borrower City

Murphy

Borrower State

NC

Borrower Zip

28906

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

25968.34

Current Approval Amount

25968.34

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

529050

Servicing Lender Name

Square Capital, LLC

Servicing Lender Address

1455 Market Street, Suite 600

Servicing Lender City

San Francisco

Servicing Lender State

CA

Servicing Lender Zip

94103

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Murphy

Project County Name

CHEROKEE

Project State

NC

Project Zip

28906-0001

CD

NC-11

Jobs Reported

3

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3246.04

Payroll Proceed

19476.25

Mortgage Interest Proceed

3246.05

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

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

26181.07

Forgiveness Date

03/02/2021

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