PPP Loan information for Gale associates, inc.

$1,893,508

Gale associates, inc. was initially approved for PPP Loan of amount $1,549,848, the current approved amount is $1,893,508. The loan was approved on 04/06/2020 by The Eastern Bank reported 100 jobs and $1,893,508 was used to fund payroll.

Gale associates, inc. is Existing or more than 2 years old

PPP Loan Search / MA / EAST WEYMOUTH / Gale associates, inc.

GALE ASSOCIATES, INC.

Date Approved

04/06/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

GALE ASSOCIATES, INC.

Borrower Address

163 Libbey Parkway

Borrower City

EAST WEYMOUTH

Borrower State

MA

Borrower Zip

02189-3136

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1549847.50

Current Approval Amount

1893508.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EAST WEYMOUTH

Project County Name

NORFOLK

Project State

MA

Project Zip

02189-3136

CD

MA-08

Jobs Reported

100

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1893508.00

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

Corporation

Originating Lender Location Id

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1904185.28

Forgiveness Date

11/12/2020

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