PPP Loan information for Gl communications inc.

$1,024,000

Gl communications inc. was initially approved for PPP Loan of amount $1,024,000, the current approved amount is $1,024,000. The loan was approved on 04/27/2020 by The CIBC Bank USA reported 53 jobs and $1,024,000 was used to fund payroll.

Gl communications inc. is Existing or more than 2 years old

GL COMMUNICATIONS INC.

Date Approved

04/27/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

GL COMMUNICATIONS INC.

Borrower Address

818 W. Diamond Ave. 3rd Floor

Borrower City

GAITHERSBURG

Borrower State

MD

Borrower Zip

20878

Loan Status Date

04/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1024000.00

Current Approval Amount

1024000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116998

Servicing Lender Name

CIBC Bank USA

Servicing Lender Address

120 S LaSalle St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-3403

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GAITHERSBURG

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20878-1000

CD

MD-06

Jobs Reported

53

NAICS Code

541618

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1024000.00

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

Subchapter S Corporation

Originating Lender Location Id

116998

Originating Lender

CIBC Bank USA

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1033398.36

Forgiveness Date

03/31/2021

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