PPP Loan information for Gcbw, inc

$47,039

Gcbw, inc was initially approved for PPP Loan of amount $47,039, the current approved amount is $47,039. The loan was approved on 04/14/2020 by The The Farmers Bank of Willards reported 6 jobs and $47,039 was used to fund payroll.

Gcbw, inc is Existing or more than 2 years old

GCBW, INC

Date Approved

04/14/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

GCBW, INC

Borrower Address

11401 Coastal Highway A

Borrower City

OCEAN CITY

Borrower State

MD

Borrower Zip

21842-7358

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47039.00

Current Approval Amount

47039.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30926

Servicing Lender Name

The Farmers Bank of Willards

Servicing Lender Address

7484 Market St

Servicing Lender City

WILLARDS

Servicing Lender State

MD

Servicing Lender Zip

21874-1232

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OCEAN CITY

Project County Name

WORCESTER

Project State

MD

Project Zip

21842-7358

CD

MD-01

Jobs Reported

6

NAICS Code

445310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5879.88

Payroll Proceed

35279.25

Mortgage Interest Proceed

5879.87

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

30926

Originating Lender

The Farmers Bank of Willards

Originating Lender City

WILLARDS

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

47585.18

Forgiveness Date

06/15/2021

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