PPP Loan information for Gai enterprises llc

$128,944

Gai enterprises llc was initially approved for PPP Loan of amount $128,944, the current approved amount is $128,944. The loan was approved on 05/07/2021 by The WesBanco Bank, Inc. reported 15 jobs and $128,944 was used to fund payroll.

Gai enterprises llc is Existing or more than 2 years old

GAI ENTERPRISES LLC

Date Approved

05/07/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

GAI ENTERPRISES LLC

Borrower Address

497 Quince Orchard Rd

Borrower City

Gaithersburg

Borrower State

MD

Borrower Zip

20878-1403

Loan Status Date

11/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

128943.50

Current Approval Amount

128943.50

Undisbursed Amount

0.00

Franchise Name

Motel 6

Servicing Lender Location Id

75497

Servicing Lender Name

WesBanco Bank, Inc.

Servicing Lender Address

1 Bank Plz

Servicing Lender City

WHEELING

Servicing Lender State

WV

Servicing Lender Zip

26003-3543

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Gaithersburg

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20878-1403

CD

MD-06

Jobs Reported

15

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

128937.50

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

Limited Liability Company(LLC)

Originating Lender Location Id

75497

Originating Lender

WesBanco Bank, Inc.

Originating Lender City

WHEELING

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

129469.87

Forgiveness Date

10/06/2021

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