PPP Loan information for Gerelco electrical contractors, inc

$1,388,900

Gerelco electrical contractors, inc was initially approved for PPP Loan of amount $391,000, the current approved amount is $1,388,900. The loan was approved on 04/10/2020 by The Truist Bank reported 34 jobs and $1,388,900 was used to fund payroll.

Gerelco electrical contractors, inc is Existing or more than 2 years old

PPP Loan Search / FL / PORT SAINT LUCIE / Gerelco electrical contractors, inc

GERELCO ELECTRICAL CONTRACTORS, INC

Date Approved

04/10/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

GERELCO ELECTRICAL CONTRACTORS, INC

Borrower Address

560 N ENTERPRISE DR

Borrower City

PORT SAINT LUCIE

Borrower State

FL

Borrower Zip

34986-2203

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

391000.00

Current Approval Amount

1388900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PORT SAINT LUCIE

Project County Name

SAINT LUCIE

Project State

FL

Project Zip

34986-2203

CD

FL-21

Jobs Reported

34

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1388900.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1403329.13

Forgiveness Date

05/21/2021

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