PPP Loan information for Gipson mechanical contractors, inc.

$1,212,006

Gipson mechanical contractors, inc. was initially approved for PPP Loan of amount $914,300, the current approved amount is $1,212,006. The loan was approved on 04/10/2020 by The Truist Bank reported 116 jobs and $1,212,006 was used to fund payroll.

Gipson mechanical contractors, inc. is Existing or more than 2 years old

PPP Loan Search / TN / MEMPHIS / Gipson mechanical contractors, inc.

GIPSON MECHANICAL CONTRACTORS, INC.

Date Approved

04/10/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

GIPSON MECHANICAL CONTRACTORS, INC.

Borrower Address

6863 Raleigh Lagrange Rd

Borrower City

MEMPHIS

Borrower State

TN

Borrower Zip

38134-7031

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

914300.00

Current Approval Amount

1212006.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MEMPHIS

Project County Name

SHELBY

Project State

TN

Project Zip

38134-7031

CD

TN-08

Jobs Reported

116

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1212006.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1220288.04

Forgiveness Date

12/28/2020

;