Gervais Imports, Inc.

$461,100 PPP Loan in Lowell, Massachusetts

Loan Details

Loan Number
4992757105
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$461,100
Current Approval
$461,100
Forgiveness Amount
$465,993
Forgiveness Date
May 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Gervais Imports, Inc.
Address
6 Industrial Ave
City
Lowell
ZIP Code
01851-5107
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
50
Estimated Revenue
$12.6M
Rural/Urban
Urban
Congressional District
MA-03

Loan Use Breakdown

Payroll
$345,900
Rent
$30,000
Utilities
$6,300
Health Care
$26,400
Mortgage Interest
$52,500

Lender Information

Servicing Lender
Enterprise Bank and Trust Company
Originating Lender
Enterprise Bank and Trust Company

Other PPP Loans in Lowell, MA

BusinessApproved
Madison Security Group Inc-Sba Small 7a Term$7,263,344NewBizBotAI Deep Dive
Lowell Community Health Center$5,810,725NewBizBotAI Deep Dive
Trinity Ems INC$3,012,200NewBizBotAI Deep Dive
Netnumber, Inc.$2,943,700NewBizBotAI Deep Dive
D'youville Senior Care Inc.$2,561,200NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free