PPP Loan information for Gerelco traffic controls, inc

$391,000

Gerelco traffic controls, inc was initially approved for PPP Loan of amount $1,388,900, the current approved amount is $391,000. The loan was approved on 05/01/2020 by The Truist Bank reported 18 jobs and $391,000 was used to fund payroll.

Gerelco traffic controls, inc is Existing or more than 2 years old

GERELCO TRAFFIC CONTROLS, INC

Date Approved

05/01/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

GERELCO TRAFFIC CONTROLS, INC

Borrower Address

560 NW ENTERPRISE DR

Borrower City

PORT SAINT LUCIE

Borrower State

FL

Borrower Zip

34986-2203

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1388900.00

Current Approval Amount

391000.00

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

18

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

391000.00

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

394736.22

Forgiveness Date

04/23/2021

;