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
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

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