PPP Loan information for Gerrells and company, inc.

$45,500

Gerrells and company, inc. was initially approved for PPP Loan of amount $45,500, the current approved amount is $45,500. The loan was approved on 04/03/2020 by The First United Bank reported 6 jobs and $45,500 was used to fund payroll.

Gerrells and company, inc. is Existing or more than 2 years old

GERRELLS AND COMPANY, INC.

Date Approved

04/03/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

GERRELLS AND COMPANY, INC.

Borrower Address

415 4th St NE

Borrower City

DEVILS LAKE

Borrower State

ND

Borrower Zip

58301-2417

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

45500.00

Current Approval Amount

45500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52926

Servicing Lender Name

First United Bank

Servicing Lender Address

503 Briggs Ave South

Servicing Lender City

PARK RIVER

Servicing Lender State

ND

Servicing Lender Zip

58270

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DEVILS LAKE

Project County Name

RAMSEY

Project State

ND

Project Zip

58301-2417

CD

ND-

Jobs Reported

6

NAICS Code

451110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

45500.00

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

52926

Originating Lender

First United Bank

Originating Lender City

PARK RIVER

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

38736.27

Forgiveness Date

11/23/2020

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