PPP Loan information for Gala cloths

$9,502

Gala cloths was initially approved for PPP Loan of amount $9,502, the current approved amount is $9,502. The loan was approved on 01/23/2021 by The Farmers & Merchants Bank reported 2 jobs and $9,502 was used to fund payroll.

Gala cloths is Existing or more than 2 years old

GALA CLOTHS

Date Approved

01/23/2021

SBA Office Code

0373

Processing Method

PPP

Borrower Name

GALA CLOTHS

Borrower Address

12360 Owings Mills Blvd

Borrower City

Reisterstown

Borrower State

MD

Borrower Zip

21136-1738

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

9502.08

Current Approval Amount

9502.08

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30550

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

15226 Hanover Pike

Servicing Lender City

UPPERCO

Servicing Lender State

MD

Servicing Lender Zip

21155-9749

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Reisterstown

Project County Name

BALTIMORE

Project State

MD

Project Zip

21136-1738

CD

MD-02

Jobs Reported

2

NAICS Code

453998

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

9502.08

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

Partnership

Originating Lender Location Id

30550

Originating Lender

Farmers & Merchants Bank

Originating Lender City

UPPERCO

Originating Lender State

MD

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

9536.44

Forgiveness Date

06/15/2021

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