Ger-Am Properties INC

$1,132,260 PPP Loan in Lake Placid, New York

Loan Details

Loan Number
3938228307
Date Approved
Jan 22, 2021
Loan Status
Paid in Full
Initial Approval
$1,132,260
Current Approval
$1,132,260
Forgiveness Amount
$1,148,394
Forgiveness Date
Jun 30, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Ger-Am Properties INC
Address
2559 Main St
ZIP Code
12946-3305
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
Existing or more than 2 years old
Jobs Reported
81
Estimated Revenue
$25.3M
Rural/Urban
Rural
Congressional District
NY-21

Loan Use Breakdown

Payroll
$1,132,254
Utilities
$1

Lender Information

Servicing Lender
Champlain National Bank
Originating Lender
Champlain National Bank

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