PPP Loan information for Gerards inc

$78,400

Gerards inc was initially approved for PPP Loan of amount $78,400, the current approved amount is $78,400. The loan was approved on 04/28/2020 by The Union Savings Bank reported 5 jobs and $78,400 was used to fund payroll.

Gerards inc is Existing or more than 2 years old

PPP Loan Search / CT / NEW MILFORD / Gerards inc

GERARDS INC

Date Approved

04/28/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

GERARDS INC

Borrower Address

120 OLD TOWN PARK RD

Borrower City

NEW MILFORD

Borrower State

CT

Borrower Zip

06776-4143

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

78400.00

Current Approval Amount

78400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16112

Servicing Lender Name

Union Savings Bank

Servicing Lender Address

226 Main St

Servicing Lender City

DANBURY

Servicing Lender State

CT

Servicing Lender Zip

06810-6635

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW MILFORD

Project County Name

LITCHFIELD

Project State

CT

Project Zip

06776-4143

CD

CT-05

Jobs Reported

5

NAICS Code

713930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

78400.00

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

Corporation

Originating Lender Location Id

16112

Originating Lender

Union Savings Bank

Originating Lender City

DANBURY

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

79136.09

Forgiveness Date

04/12/2021

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