G & M Distributors, Inc.

$1,282,500 PPP Loan in Galesburg, Illinois

Loan Details

Loan Number
7989347005
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$1,282,500
Current Approval
$1,282,500
Forgiveness Amount
$1,291,050
Forgiveness Date
Dec 14, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
G & M Distributors, Inc.
Address
200 N Linwood Rd
ZIP Code
61401-3278
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (424810)
Business Age
Existing or more than 2 years old
Jobs Reported
116
Estimated Revenue
$29.9M
Rural/Urban
Urban
Congressional District
IL-17

Loan Use Breakdown

Payroll
$1,282,500

Lender Information

Servicing Lender
Morton Community Bank
Originating Lender
Morton Community Bank

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