PPP Loan information for Gallagher fire equipment co.

$625,000

Gallagher fire equipment co. was initially approved for PPP Loan of amount $625,000, the current approved amount is $625,000. The loan was approved on 03/20/2021 by The First Merchants Bank reported 39 jobs and $625,000 was used to fund payroll.

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

PPP Loan Search / MI / Livonia / Gallagher fire equipment co.

GALLAGHER FIRE EQUIPMENT CO.

Date Approved

03/20/2021

SBA Office Code

0515

Processing Method

PPS

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

04/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

625000.00

Current Approval Amount

625000.00

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

39

NAICS Code

922160

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

624995.00

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

631010.27

Forgiveness Date

03/09/2022

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