PPP Loan information for Gerloff painting & decorating inc.

$523,385

Gerloff painting & decorating inc. was initially approved for PPP Loan of amount $523,385, the current approved amount is $523,385. The loan was approved on 02/11/2021 by The Southern Bank and Trust Company reported 40 jobs and $523,385 was used to fund payroll.

Gerloff painting & decorating inc. is Existing or more than 2 years old

PPP Loan Search / VA / Norfolk / Gerloff painting & decorating inc.

GERLOFF PAINTING & DECORATING INC.

Date Approved

02/11/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

GERLOFF PAINTING & DECORATING INC.

Borrower Address

1325 Ingleside Rd

Borrower City

Norfolk

Borrower State

VA

Borrower Zip

23502-1914

Loan Status Date

02/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

523385.00

Current Approval Amount

523385.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50882

Servicing Lender Name

Southern Bank and Trust Company

Servicing Lender Address

100 N Center St

Servicing Lender City

MOUNT OLIVE

Servicing Lender State

NC

Servicing Lender Zip

28365-1701

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Norfolk

Project County Name

NORFOLK CITY

Project State

VA

Project Zip

23502-1914

CD

VA-03

Jobs Reported

40

NAICS Code

238320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

523383.00

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

Subchapter S Corporation

Originating Lender Location Id

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

528110.00

Forgiveness Date

01/04/2022

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