Gerstel Inc.

$689,280 PPP Loan in Linthicum, Maryland

Loan Details

Loan Number
5075567202
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$689,280
Current Approval
$689,280
Forgiveness Amount
$695,713
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Gerstel Inc.
Address
701 Digital Drive Suite J
ZIP Code
21090
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541512)
Business Age
Existing or more than 2 years old
Jobs Reported
46
Estimated Revenue
$9.5M
Rural/Urban
Urban
Congressional District
MD-03

Loan Use Breakdown

Payroll
$625,000
Rent
$50,000
Utilities
$14,280

Lender Information

Servicing Lender
Fulton Bank, National Association
Originating Lender
Fulton Bank, National Association

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