PPP Loan information for Gailco limited partnership

$307,500

Gailco limited partnership was initially approved for PPP Loan of amount $307,500, the current approved amount is $307,500. The loan was approved on 04/15/2020 by The Old Second National Bank reported 86 jobs and $307,500 was used to fund payroll.

Gailco limited partnership is Existing or more than 2 years old

GAILCO LIMITED PARTNERSHIP

Date Approved

04/15/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

GAILCO LIMITED PARTNERSHIP

Borrower Address

1515 W. JEFFERSON ST

Borrower City

JOLIET

Borrower State

IL

Borrower Zip

60435-6703

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

307500.00

Current Approval Amount

307500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20282

Servicing Lender Name

Old Second National Bank

Servicing Lender Address

37 S River St

Servicing Lender City

AURORA

Servicing Lender State

IL

Servicing Lender Zip

60506-4173

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JOLIET

Project County Name

WILL

Project State

IL

Project Zip

60435-6703

CD

IL-14

Jobs Reported

86

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

246080.00

Mortgage Interest Proceed

61420.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Partnership

Originating Lender Location Id

20282

Originating Lender

Old Second National Bank

Originating Lender City

AURORA

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

311275.42

Forgiveness Date

07/07/2021

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