Gelco Construction Co
$706,000 PPP Loan in Salem, Oregon
Loan Details
- Loan Number
- 3583977106
- Date Approved
- Apr 11, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $706,000
- Current Approval
- $686,760
- Forgiveness Amount
- $690,561
- Forgiveness Date
- Nov 3, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Gelco Construction Co
- Address
- 1745 Salem Industrial Dr NE
- City
- Salem
- State
- Oregon
- ZIP Code
- 97301-0377
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (237310)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 40
- Estimated Revenue
- $12.4M
- Rural/Urban
- Urban
- Congressional District
- OR-06
Loan Use Breakdown
- Payroll
- $669,885
- Rent
- $11,875
- Utilities
- $5,000
Lender Information
- Servicing Lender
- Bank of the Pacific
- Originating Lender
- Bank of the Pacific
Other PPP Loans in Salem, OR
| Business | Approved | |
|---|---|---|
| Galt Foundation | $5,225,028 |  AI Deep Dive |
| K & E Excavating INC | $5,113,000 | AI Deep Dive |
| Jgcm Inc. | $4,193,000 | AI Deep Dive |
| Emery & Sons Construction Group, LLC | $3,791,920 | AI Deep Dive |
| Jet Industries, INC | $3,686,400 | AI Deep Dive |
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