PPP Loan information for Gmg financial inc

$41,665

Gmg financial inc was initially approved for PPP Loan of amount $41,665, the current approved amount is $41,665. The loan was approved on 05/26/2021 by The Texas National Bank reported 2 jobs and $41,665 was used to fund payroll.

Gmg financial inc is Existing or more than 2 years old

GMG FINANCIAL INC

Date Approved

05/26/2021

SBA Office Code

0299

Processing Method

PPP

Borrower Name

GMG FINANCIAL INC

Borrower Address

22 Old Harter Roadnull 22 Old Harter Roadnull

Borrower City

Morristown

Borrower State

NJ

Borrower Zip

07960

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

41665.00

Current Approval Amount

41665.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71432

Servicing Lender Name

Texas National Bank

Servicing Lender Address

201 S Texas Ave

Servicing Lender City

MERCEDES

Servicing Lender State

TX

Servicing Lender Zip

78570-3123

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Morristown

Project County Name

MORRIS

Project State

NJ

Project Zip

07960

CD

NJ-07

Jobs Reported

2

NAICS Code

541611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

41665.00

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

71432

Originating Lender

Texas National Bank

Originating Lender City

MERCEDES

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

41769.16

Forgiveness Date

09/09/2021

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