PPP Loan information for Gl communications inc.

$898,759

Gl communications inc. was initially approved for PPP Loan of amount $898,759, the current approved amount is $898,759. The loan was approved on 03/25/2021 by The CIBC Bank USA reported 63 jobs and $898,759 was used to fund payroll.

Gl communications inc. is Existing or more than 2 years old

GL COMMUNICATIONS INC.

Date Approved

03/25/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

GL COMMUNICATIONS INC.

Borrower Address

818 W Diamond Ave Fl 3

Borrower City

Gaithersburg

Borrower State

MD

Borrower Zip

20878-1417

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

898758.90

Current Approval Amount

898758.90

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116998

Servicing Lender Name

CIBC Bank USA

Servicing Lender Address

120 S LaSalle St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-3403

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Gaithersburg

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20878-1417

CD

MD-06

Jobs Reported

63

NAICS Code

541618

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

898757.90

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

116998

Originating Lender

CIBC Bank USA

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

905062.52

Forgiveness Date

12/20/2021

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