Garelo, LLC

$262,727 PPP Loan in Palos Heights, Illinois

Loan Details

Loan Number
9908767000
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$262,727
Current Approval
$262,727
Forgiveness Amount
$264,669
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Garelo, LLC
Address
142 Augusta Dr.
ZIP Code
60463-2905
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
52
Estimated Revenue
$9.2M
Rural/Urban
Urban
Congressional District
IL-06

Loan Use Breakdown

Payroll
$197,046
Rent
$65,681

Lender Information

Servicing Lender
Town Center Bank
Originating Lender
Town Center Bank

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