PPP Loan information for Gerald motors, inc.

$745,800

Gerald motors, inc. was initially approved for PPP Loan of amount $745,800, the current approved amount is $745,800. The loan was approved on 04/14/2020 by The Wheaton Bank & Trust Company, National Association reported 72 jobs and $745,800 was used to fund payroll.

Gerald motors, inc. is New Business or 2 years or less

PPP Loan Search / IL / MATTESON / Gerald motors, inc.

GERALD MOTORS, INC.

Date Approved

04/14/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

GERALD MOTORS, INC.

Borrower Address

5540 AUTO CT

Borrower City

MATTESON

Borrower State

IL

Borrower Zip

60443-1486

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

745800.00

Current Approval Amount

745800.00

Undisbursed Amount

0.00

Franchise Name

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

60443-1486

CD

IL-02

Jobs Reported

72

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

74580.00

Payroll Proceed

559350.00

Mortgage Interest Proceed

0.00

Rent Proceed

111870.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

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

757567.07

Forgiveness Date

11/12/2021

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