Gallano Trucking, INC

$419,090 PPP Loan in Belvidere, Illinois

Loan Details

Loan Number
9248827009
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$419,090
Current Approval
$419,090
Forgiveness Amount
$423,397
Forgiveness Date
Apr 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Gallano Trucking, INC
Address
1202 Ipsen Rd
ZIP Code
61008-8402
Business Type
Corporation
Industry (NAICS)
Transportation and Warehousing (484110)
Business Age
Existing or more than 2 years old
Jobs Reported
43
Estimated Revenue
$6.5M
Rural/Urban
Urban
Congressional District
IL-16

Loan Use Breakdown

Payroll
$335,272
Rent
$62,864
Utilities
$8,382
Mortgage Interest
$12,573

Lender Information

Servicing Lender
Byron Bank
Originating Lender
Byron Bank

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