PPP Loan information for Gam enterprises inc

$459,100

Gam enterprises inc was initially approved for PPP Loan of amount $459,100, the current approved amount is $459,100. The loan was approved on 04/06/2020 by The Libertyville Bank & Trust Company, National Association reported 29 jobs and $459,100 was used to fund payroll.

Gam enterprises inc is Existing or more than 2 years old

GAM ENTERPRISES INC

Date Approved

04/06/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

GAM ENTERPRISES INC

Borrower Address

901 E BUSINESS CENTER DR

Borrower City

MOUNT PROSPECT

Borrower State

IL

Borrower Zip

60056-2181

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

459100.00

Current Approval Amount

459100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119728

Servicing Lender Name

Libertyville Bank & Trust Company, National Association

Servicing Lender Address

507 N Milwaukee Ave

Servicing Lender City

LIBERTYVILLE

Servicing Lender State

IL

Servicing Lender Zip

60048-2000

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT PROSPECT

Project County Name

COOK

Project State

IL

Project Zip

60056-2181

CD

IL-05

Jobs Reported

29

NAICS Code

423830

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5738.75

Payroll Proceed

344325.00

Mortgage Interest Proceed

109036.25

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

119728

Originating Lender

Libertyville Bank & Trust Company, National Association

Originating Lender City

LIBERTYVILLE

Originating Lender State

IL

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

461752.58

Forgiveness Date

11/12/2020

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