Gerry Lane Enterprises, INC

$1,407,500 PPP Loan in Baton Rouge, Louisiana

Loan Details

Loan Number
7756467103
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$1,407,500
Current Approval
$1,407,500
Forgiveness Amount
$1,427,752
Forgiveness Date
Sep 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Gerry Lane Enterprises, INC
Address
6505 Florida Blvd
ZIP Code
70806-4464
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
138
Estimated Revenue
$34.8M
Rural/Urban
Urban
Congressional District
LA-06

Loan Use Breakdown

Payroll
$1,407,500

Lender Information

Servicing Lender
Hancock Whitney Bank
Originating Lender
Hancock Whitney Bank

Other PPP Loans in Baton Rouge, LA

BusinessApproved
Premium Inspection & Testing, Inc.$10,000,000NewBizBotAI Deep Dive
John H. Carter Co., Inc.$10,000,000NewBizBotAI Deep Dive
Valluzzo Companies LLC$9,963,600NewBizBotAI Deep Dive
Awc, Inc.$9,351,535NewBizBotAI Deep Dive
The Lofton Corporation$9,299,500NewBizBotAI Deep Dive

Want to research this company further?