PPP Loan information for The gersh agency, inc.

$5,043,800

The gersh agency, inc. was initially approved for PPP Loan of amount $5,043,800, the current approved amount is $5,043,800. The loan was approved on 04/04/2020 by The City National Bank reported 250 jobs and $5,043,800 was used to fund payroll.

The gersh agency, inc. is Existing or more than 2 years old

PPP Loan Search / CA / BEVERLY HILLS / The gersh agency, inc.

THE GERSH AGENCY, INC.

Date Approved

04/04/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

THE GERSH AGENCY, INC.

Borrower Address

9465 WILSHIRE BLVD

Borrower City

BEVERLY HILLS

Borrower State

CA

Borrower Zip

90212-2600

Loan Status Date

05/06/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5043800.00

Current Approval Amount

5043800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4924

Servicing Lender Name

City National Bank

Servicing Lender Address

555 S Flower St

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071-2300

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BEVERLY HILLS

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90212-2600

CD

CA-33

Jobs Reported

250

NAICS Code

711410

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

250000.00

Payroll Proceed

3873800.00

Mortgage Interest Proceed

0.00

Rent Proceed

920000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

3904339.37

Forgiveness Date

12/22/2021

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