PPP Loan information for Gi logistics inc.

$200,250

Gi logistics inc. was initially approved for PPP Loan of amount $200,250, the current approved amount is $200,250. The loan was approved on 04/30/2020 by The Square Capital, LLC reported 23 jobs and $200,250 was used to fund payroll.

Gi logistics inc. is Existing or more than 2 years old

PPP Loan Search / NJ / Newark / Gi logistics inc.

GI LOGISTICS INC.

Date Approved

04/30/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

GI LOGISTICS INC.

Borrower Address

500 Delancy Street

Borrower City

Newark

Borrower State

NJ

Borrower Zip

07105

Loan Status Date

02/04/2022

Loan Status

Charged Off

Term

2

SBA Guaranty Percentage

100

Initial Approval Amount

200249.86

Current Approval Amount

200249.86

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

529050

Servicing Lender Name

Square Capital, LLC

Servicing Lender Address

1455 Market Street, Suite 600

Servicing Lender City

San Francisco

Servicing Lender State

CA

Servicing Lender Zip

94103

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Newark

Project County Name

ESSEX

Project State

NJ

Project Zip

07105-0001

CD

NJ-08

Jobs Reported

23

NAICS Code

483211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

150187.39

Mortgage Interest Proceed

50062.47

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

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

192044.71

Forgiveness Date

12/10/2021

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