PPP Loan information for Gerken, inc.

$154,300

Gerken, inc. was initially approved for PPP Loan of amount $154,300, the current approved amount is $154,300. The loan was approved on 04/13/2020 by The Alliance Bank reported 18 jobs and $154,300 was used to fund payroll.

Gerken, inc. is Existing or more than 2 years old

PPP Loan Search / MN / WABASHA / Gerken, inc.

GERKEN, INC.

Date Approved

04/13/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

GERKEN, INC.

Borrower Address

423 2nd St West

Borrower City

WABASHA

Borrower State

MN

Borrower Zip

55981-1250

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

154300.00

Current Approval Amount

154300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38294

Servicing Lender Name

Alliance Bank

Servicing Lender Address

105 E Lyon Ave

Servicing Lender City

LAKE CITY

Servicing Lender State

MN

Servicing Lender Zip

55041-1013

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WABASHA

Project County Name

WABASHA

Project State

MN

Project Zip

55981-1250

CD

MN-01

Jobs Reported

18

NAICS Code

424910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

154300.00

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

38294

Originating Lender

Alliance Bank

Originating Lender City

LAKE CITY

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

155555.83

Forgiveness Date

02/17/2021

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