PPP Loan information for Gel enterprises llc

$112,691

Gel enterprises llc was initially approved for PPP Loan of amount $112,691, the current approved amount is $112,691. The loan was approved on 04/10/2020 by The Valley National Bank reported 39 jobs and $112,691 was used to fund payroll.

Gel enterprises llc is Existing or more than 2 years old

GEL ENTERPRISES LLC

Date Approved

04/10/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

GEL ENTERPRISES LLC

Borrower Address

910 Martin Luther King

Borrower City

UNION SPRINGS

Borrower State

AL

Borrower Zip

36089-1986

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

112691.00

Current Approval Amount

112691.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

UNION SPRINGS

Project County Name

BULLOCK

Project State

AL

Project Zip

36089-1986

CD

AL-02

Jobs Reported

39

NAICS Code

561499

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

112691.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

113745.91

Forgiveness Date

03/24/2021

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