PPP Loan information for G & m insulation co., inc

$55,000

G & m insulation co., inc was initially approved for PPP Loan of amount $55,000, the current approved amount is $55,000. The loan was approved on 04/28/2020 by The New Peoples Bank, Inc. reported 9 jobs and $55,000 was used to fund payroll.

G & m insulation co., inc is Existing or more than 2 years old

G & M INSULATION CO., INC

Date Approved

04/28/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

G & M INSULATION CO., INC

Borrower Address

INDEPENDENCE AVE

Borrower City

MOUNT CARMEL

Borrower State

TN

Borrower Zip

37645-3921

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55000.00

Current Approval Amount

55000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123348

Servicing Lender Name

New Peoples Bank, Inc.

Servicing Lender Address

53 Commerce Dr

Servicing Lender City

HONAKER

Servicing Lender State

VA

Servicing Lender Zip

24260

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT CARMEL

Project County Name

HAWKINS

Project State

TN

Project Zip

37645-3921

CD

TN-01

Jobs Reported

9

NAICS Code

238310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

55000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

123348

Originating Lender

New Peoples Bank, Inc.

Originating Lender City

HONAKER

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

55349.86

Forgiveness Date

12/22/2020

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