Galorath Incorporated

$1,195,400 PPP Loan in El Segundo, California

Loan Details

Loan Number
5424827000
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$1,195,400
Current Approval
$1,195,400
Forgiveness Amount
$1,207,158
Forgiveness Date
Apr 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Galorath Incorporated
Address
222 N Pacific Coast Hwy Ste 1700
ZIP Code
90245-4319
Business Type
Subchapter S Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541511)
Business Age
Existing or more than 2 years old
Jobs Reported
50
Estimated Revenue
$10.3M
Rural/Urban
Urban
Congressional District
CA-36

Loan Use Breakdown

Payroll
$1,051,400
Debt Interest
$144,000

Lender Information

Servicing Lender
City National Bank
Originating Lender
City National Bank

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