PPP Loan information for Gallagher fire equipment co.

$612,300

Gallagher fire equipment co. was initially approved for PPP Loan of amount $612,300, the current approved amount is $612,300. The loan was approved on 04/27/2020 by The First Merchants Bank reported 54 jobs and $612,300 was used to fund payroll.

Gallagher fire equipment co. is Existing or more than 2 years old

GALLAGHER FIRE EQUIPMENT CO.

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

GALLAGHER FIRE EQUIPMENT CO.

Borrower Address

30895 8 MILE RD

Borrower City

LIVONIA

Borrower State

MI

Borrower Zip

48152-1600

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

612300.00

Current Approval Amount

612300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LIVONIA

Project County Name

WAYNE

Project State

MI

Project Zip

48152-1600

CD

MI-12

Jobs Reported

54

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

612300.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

618305.57

Forgiveness Date

04/27/2021

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