PPP Loan information for Gcg industries inc

$489,900

Gcg industries inc was initially approved for PPP Loan of amount $489,900, the current approved amount is $489,900. The loan was approved on 04/13/2020 by The Old National Bank reported 51 jobs and $489,900 was used to fund payroll.

Gcg industries inc is Existing or more than 2 years old

GCG INDUSTRIES INC

Date Approved

04/13/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

GCG INDUSTRIES INC

Borrower Address

4636 Newago Rd

Borrower City

FORT WAYNE

Borrower State

IN

Borrower Zip

46808-4103

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

489900.00

Current Approval Amount

489900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FORT WAYNE

Project County Name

ALLEN

Project State

IN

Project Zip

46808-4103

CD

IN-03

Jobs Reported

51

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

489900.00

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

Subchapter S Corporation

Originating Lender Location Id

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

493564.18

Forgiveness Date

01/25/2021

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