PPP Loan information for Gibbs machinery company

$57,087

Gibbs machinery company was initially approved for PPP Loan of amount $57,087, the current approved amount is $57,087. The loan was approved on 03/27/2021 by The First Merchants Bank reported 4 jobs and $57,087 was used to fund payroll.

Gibbs machinery company is Existing or more than 2 years old

PPP Loan Search / MI / Warren / Gibbs machinery company

GIBBS MACHINERY COMPANY

Date Approved

03/27/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

GIBBS MACHINERY COMPANY

Borrower Address

21500 Hoover Rd

Borrower City

Warren

Borrower State

MI

Borrower Zip

48089-3160

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

57087.00

Current Approval Amount

57087.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Warren

Project County Name

MACOMB

Project State

MI

Project Zip

48089-3160

CD

MI-10

Jobs Reported

4

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

57084.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

57418.57

Forgiveness Date

11/05/2021

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