PPP Loan information for The gerson company

$2,000,000

The gerson company was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/03/2021 by The Commerce Bank reported 222 jobs and $2,000,000 was used to fund payroll.

The gerson company is Existing or more than 2 years old

THE GERSON COMPANY

Date Approved

02/03/2021

SBA Office Code

0709

Processing Method

PPS

Borrower Name

THE GERSON COMPANY

Borrower Address

1450 S Lone Elm Rd

Borrower City

Olathe

Borrower State

KS

Borrower Zip

66061-7256

Loan Status Date

09/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40781

Servicing Lender Name

Commerce Bank

Servicing Lender Address

1000 Walnut St, 11th Fl

Servicing Lender City

KANSAS CITY

Servicing Lender State

MO

Servicing Lender Zip

64106-2107

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Olathe

Project County Name

JOHNSON

Project State

KS

Project Zip

66061-7256

CD

KS-03

Jobs Reported

222

NAICS Code

453220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

Subchapter S Corporation

Originating Lender Location Id

40781

Originating Lender

Commerce Bank

Originating Lender City

KANSAS CITY

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2030166.67

Forgiveness Date

08/08/2022

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