The Gerson Company
$2,711,600 PPP Loan in Olathe, Kansas
Loan Details
- Loan Number
- 4994257003
- Date Approved
- Apr 4, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,711,600
- Current Approval
- $2,711,670
- Forgiveness Amount
- $2,657,492
- Forgiveness Date
- Feb 3, 2022
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- The Gerson Company
- Address
- 1450 S Lone Elm Road
- City
- Olathe
- State
- Kansas
- ZIP Code
- 66061-7256
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Wholesale Trade (424930)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 250
- Estimated Revenue
- $64.3M
- Rural/Urban
- Urban
- Congressional District
- KS-03
Loan Use Breakdown
- Payroll
- $2,223,670
- Rent
- $83,000
- Utilities
- $80,000
- Health Care
- $245,000
- Debt Interest
- $80,000
Lender Information
- Servicing Lender
- Commerce Bank
- Originating Lender
- Commerce Bank
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| Kvc Behavioral Healthcare, Inc. | $5,881,900 | Research |
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| Paydayz Staffing Solutions, Inc. | $3,205,400 | Research |
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