PPP Loan information for Galactic fed corp

$29,500

Galactic fed corp was initially approved for PPP Loan of amount $86,800, the current approved amount is $29,500. The loan was approved on 04/15/2020 by The Evolve Bank and Trust reported 4 jobs and $29,500 was used to fund payroll.

Galactic fed corp is New Business or 2 years or less

PPP Loan Search / TN / SIGNAL MOUNTAIN / Galactic fed corp

GALACTIC FED CORP

Date Approved

04/15/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

GALACTIC FED CORP

Borrower Address

1115 APPLEWOOD CIR

Borrower City

SIGNAL MOUNTAIN

Borrower State

TN

Borrower Zip

37377-2119

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

86800.00

Current Approval Amount

29500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4653

Servicing Lender Name

Evolve Bank and Trust

Servicing Lender Address

301 Shoppingway Blvd

Servicing Lender City

WEST MEMPHIS

Servicing Lender State

AR

Servicing Lender Zip

72301-1719

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SIGNAL MOUNTAIN

Project County Name

HAMILTON

Project State

TN

Project Zip

37377-2119

CD

TN-03

Jobs Reported

4

NAICS Code

541810

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

29500.00

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

4653

Originating Lender

Evolve Bank and Trust

Originating Lender City

WEST MEMPHIS

Originating Lender State

AR

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

29699.63

Forgiveness Date

01/07/2021

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