Gingerich, Inc.
$364,700 PPP Loan in Lovington, Illinois
Loan Details
- Loan Number
- 4743757006
- Date Approved
- Apr 4, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $364,700
- Current Approval
- $364,700
- Forgiveness Amount
- $367,152
- Forgiveness Date
- Dec 8, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Gingerich, Inc.
- Address
- 1442 State Highway 133
- City
- Lovington
- State
- Illinois
- ZIP Code
- 61937-6088
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Transportation and Warehousing (484220)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 31
- Estimated Revenue
- $8.3M
- Rural/Urban
- Rural
- Congressional District
- IL-15
Loan Use Breakdown
- Payroll
- $273,525
- Rent
- $45,587
- Utilities
- $45,588
Lender Information
- Servicing Lender
- First Mid Bank & Trust, National Association
- Originating Lender
- First Mid Bank & Trust, National Association
Other PPP Loans in Lovington, IL
| Business | Approved | |
|---|---|---|
| Gingerich Inc. | $400,143 | |
| Gingerich Farms | $196,561 | |
| Gingerich Farms | $181,600 | |
| Acme Rods Inc. | $70,286 | |
| Friendship Hill | $68,300 |
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