PPP Loan information for Gl electrical corporation

$223,700

Gl electrical corporation was initially approved for PPP Loan of amount $223,700, the current approved amount is $223,700. The loan was approved on 05/01/2020 by The Citibank, N.A. reported 9 jobs and $223,700 was used to fund payroll.

Gl electrical corporation is Existing or more than 2 years old

PPP Loan Search / NJ / Belleville / Gl electrical corporation

GL ELECTRICAL CORPORATION

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

GL ELECTRICAL CORPORATION

Borrower Address

114 Roosevelt Avenue

Borrower City

Belleville

Borrower State

NJ

Borrower Zip

07071

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

223700.00

Current Approval Amount

223700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

49274

Servicing Lender Name

Citibank, N.A.

Servicing Lender Address

5800 S. Corporate Place

Servicing Lender City

Sioux Falls

Servicing Lender State

SD

Servicing Lender Zip

57108

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Belleville

Project County Name

BERGEN

Project State

NJ

Project Zip

07071-0001

CD

NJ-09

Jobs Reported

9

NAICS Code

561499

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

63700.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

160000.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Cooperative

Originating Lender Location Id

49274

Originating Lender

Citibank, N.A.

Originating Lender City

Sioux Falls

Originating Lender State

SD

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

226036.42

Forgiveness Date

05/21/2021

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