PPP Loan information for Gerald imports inc

$669,700

Gerald imports inc was initially approved for PPP Loan of amount $669,700, the current approved amount is $669,700. The loan was approved on 04/14/2020 by The Wheaton Bank & Trust Company, National Association reported 52 jobs and $669,700 was used to fund payroll.

Gerald imports inc is New Business or 2 years or less

PPP Loan Search / IL / MATTESON / Gerald imports inc

GERALD IMPORTS INC

Date Approved

04/14/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

GERALD IMPORTS INC

Borrower Address

5505 Auto Court

Borrower City

MATTESON

Borrower State

IL

Borrower Zip

60443

Loan Status Date

12/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

669700.00

Current Approval Amount

669700.00

Undisbursed Amount

0.00

Franchise Name

Honda Automobile Division - Dealer Sales and Service Agreement

Servicing Lender Location Id

118394

Servicing Lender Name

Wheaton Bank & Trust Company, National Association

Servicing Lender Address

100 N Wheaton Ave

Servicing Lender City

WHEATON

Servicing Lender State

IL

Servicing Lender Zip

60187-5122

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MATTESON

Project County Name

COOK

Project State

IL

Project Zip

60443-0001

CD

IL-02

Jobs Reported

52

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

83712.50

Payroll Proceed

502275.00

Mortgage Interest Proceed

0.00

Rent Proceed

83712.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

118394

Originating Lender

Wheaton Bank & Trust Company, National Association

Originating Lender City

WHEATON

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

680266.38

Forgiveness Date

11/12/2021

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