PPP Loan information for Gks electric ii

$243,687

Gks electric ii was initially approved for PPP Loan of amount $243,687, the current approved amount is $243,687. The loan was approved on 04/27/2020 by The 22nd State Bank reported 17 jobs and $243,687 was used to fund payroll.

Gks electric ii is Existing or more than 2 years old

GKS ELECTRIC II

Date Approved

04/27/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

GKS ELECTRIC II

Borrower Address

203.5 SIMMONS STREET

Borrower City

EAST BREWTON

Borrower State

AL

Borrower Zip

36426

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

243687.00

Current Approval Amount

243687.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2082

Servicing Lender Name

22nd State Bank

Servicing Lender Address

1920 Main St

Servicing Lender City

LOUISVILLE

Servicing Lender State

AL

Servicing Lender Zip

36048-3806

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EAST BREWTON

Project County Name

ESCAMBIA

Project State

AL

Project Zip

36426-1100

CD

AL-01

Jobs Reported

17

NAICS Code

238210

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

15000.00

Payroll Proceed

194950.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

23737

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

2082

Originating Lender

22nd State Bank

Originating Lender City

LOUISVILLE

Originating Lender State

AL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

245460.50

Forgiveness Date

01/25/2021

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