Gallo Equipment Co.

$1,294,375 PPP Loan in Chicago, Illinois

Loan Details

Loan Number
7540137001
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$1,294,375
Current Approval
$1,294,375
Forgiveness Amount
$1,276,098
Forgiveness Date
Nov 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Gallo Equipment Co.
Address
11835 Avenue O
ZIP Code
60617-7390
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423830)
Business Age
Existing or more than 2 years old
Jobs Reported
58
Estimated Revenue
$17.8M
Rural/Urban
Urban
Congressional District
IL-02

Loan Use Breakdown

Payroll
$1,294,375

Lender Information

Servicing Lender
First Merchants Bank
Originating Lender
First Merchants Bank

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