PPP Loan information for Galak electronics

$5,862

Galak electronics was initially approved for PPP Loan of amount $5,862, the current approved amount is $5,862. The loan was approved on 04/15/2020 by The WebBank reported 2 jobs and $5,862 was used to fund payroll.

Galak electronics is Existing or more than 2 years old

PPP Loan Search / MD / Elkton / Galak electronics

GALAK ELECTRONICS

Date Approved

04/15/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

GALAK ELECTRONICS

Borrower Address

28 John Adams Ln

Borrower City

Elkton

Borrower State

MD

Borrower Zip

21921

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5862.00

Current Approval Amount

5862.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122043

Servicing Lender Name

WebBank

Servicing Lender Address

215 S State St, Ste 1000

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-2336

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Elkton

Project County Name

CECIL

Project State

MD

Project Zip

21921-0001

CD

MD-01

Jobs Reported

2

NAICS Code

334419

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

5862.00

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

Sole Proprietorship

Originating Lender Location Id

122043

Originating Lender

WebBank

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

5924.53

Forgiveness Date

05/06/2021

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