PPP Loan information for Gm electric, inc.

$11,875

Gm electric, inc. was initially approved for PPP Loan of amount $11,875, the current approved amount is $11,875. The loan was approved on 05/04/2020 by The Gate City Bank reported 3 jobs and $11,875 was used to fund payroll.

Gm electric, inc. is Existing or more than 2 years old

PPP Loan Search / ND / WEST FARGO / Gm electric, inc.

GM ELECTRIC, INC.

Date Approved

05/04/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

GM ELECTRIC, INC.

Borrower Address

831 5th Ave E

Borrower City

WEST FARGO

Borrower State

ND

Borrower Zip

58078

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

11875.00

Current Approval Amount

11875.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77898

Servicing Lender Name

Gate City Bank

Servicing Lender Address

500 2nd Ave N

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58102-4864

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST FARGO

Project County Name

CASS

Project State

ND

Project Zip

58078-0001

CD

ND-

Jobs Reported

3

NAICS Code

335122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

11875.00

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

77898

Originating Lender

Gate City Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

8921.84

Forgiveness Date

11/23/2020

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