Gallagher Corporation

$1,277,500 PPP Loan in Gurnee, Illinois

Loan Details

Loan Number
9583687001
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$1,277,500
Current Approval
$1,277,500
Forgiveness Amount
$1,293,288
Forgiveness Date
Jul 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Gallagher Corporation
Address
3908 Morrison Drive 0.0
City
Gurnee
ZIP Code
60031-1241
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (326291)
Business Age
Existing or more than 2 years old
Jobs Reported
101
Estimated Revenue
$100.2M
Rural/Urban
Urban
Congressional District
IL-10

Loan Use Breakdown

Payroll
$1,004,775
Rent
$79,525
Utilities
$71,000
Health Care
$91,200
Debt Interest
$31,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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