PPP Loan information for Gmr transportation inc

$525,300

Gmr transportation inc was initially approved for PPP Loan of amount $525,300, the current approved amount is $525,300. The loan was approved on 04/06/2020 by The Cornerstone Bank reported 45 jobs and $525,300 was used to fund payroll.

Gmr transportation inc is Existing or more than 2 years old

PPP Loan Search / ND / WEST FARGO / Gmr transportation inc

GMR TRANSPORTATION INC

Date Approved

04/06/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

GMR TRANSPORTATION INC

Borrower Address

680 7TH AVE

Borrower City

WEST FARGO

Borrower State

ND

Borrower Zip

58078-1057

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

525300.00

Current Approval Amount

525300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52722

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

2280 45th St South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8785

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

58078-1057

CD

ND-

Jobs Reported

45

NAICS Code

484121

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

43775.00

Payroll Proceed

393975.00

Mortgage Interest Proceed

43775.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

43775.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

52722

Originating Lender

Cornerstone Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

529079.24

Forgiveness Date

12/30/2020

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