PPP Loan information for Gerstel office furniture inc

$291,798

Gerstel office furniture inc was initially approved for PPP Loan of amount $291,798, the current approved amount is $291,798. The loan was approved on 02/04/2021 by The United Bank reported 25 jobs and $291,798 was used to fund payroll.

Gerstel office furniture inc is Existing or more than 2 years old

PPP Loan Search / MD / Gaithersburg / Gerstel office furniture inc

GERSTEL OFFICE FURNITURE INC

Date Approved

02/04/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

GERSTEL OFFICE FURNITURE INC

Borrower Address

584 N Frederick Ave

Borrower City

Gaithersburg

Borrower State

MD

Borrower Zip

20877-2504

Loan Status Date

09/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

291798.00

Current Approval Amount

291798.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Gaithersburg

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20877-2504

CD

MD-06

Jobs Reported

25

NAICS Code

442110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

291795.00

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

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

293321.83

Forgiveness Date

08/17/2021

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