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Gerstad Builders, Inc.

$80,600 PPP Loan in Mchenry, Illinois

Loan Details

Loan Number
5396847008
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$80,600
Current Approval
$80,600
Forgiveness Amount
$81,198
Forgiveness Date
Jan 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Gerstad Builders, Inc.
Address
2703 Bush Ter
City
Mchenry
State
Illinois
ZIP Code
60051-3609
Business Type
Corporation
Industry (NAICS)
Construction (236115)
Business Age
Existing or more than 2 years old
Jobs Reported
9
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-10

Loan Use Breakdown

Payroll
$60,450
Rent
$12,090
Utilities
$8,060

Lender Information

Servicing Lender
Crystal Lake Bank & Trust Company, National Association
Originating Lender
Crystal Lake Bank & Trust Company, National Association

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