PPP Loan information for Gervais imports, inc.

$461,100

Gervais imports, inc. was initially approved for PPP Loan of amount $461,100, the current approved amount is $461,100. The loan was approved on 04/13/2020 by The Enterprise Bank and Trust Company reported 50 jobs and $461,100 was used to fund payroll.

Gervais imports, inc. is Existing or more than 2 years old

PPP Loan Search / MA / LOWELL / Gervais imports, inc.

GERVAIS IMPORTS, INC.

Date Approved

04/13/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

GERVAIS IMPORTS, INC.

Borrower Address

6 INDUSTRIAL AVE

Borrower City

LOWELL

Borrower State

MA

Borrower Zip

01851-5107

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

461100.00

Current Approval Amount

461100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112598

Servicing Lender Name

Enterprise Bank and Trust Company

Servicing Lender Address

222 Merrimack St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-5913

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LOWELL

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01851-5107

CD

MA-03

Jobs Reported

50

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6300.00

Payroll Proceed

345900.00

Mortgage Interest Proceed

52500.00

Rent Proceed

30000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

26400.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

112598

Originating Lender

Enterprise Bank and Trust Company

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

465992.78

Forgiveness Date

05/05/2021

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