PPP Loan information for Gorman distributing inc

$51,824

Gorman distributing inc was initially approved for PPP Loan of amount $51,824, the current approved amount is $51,824. The loan was approved on 05/01/2020 by The Community Financial CU reported 11 jobs and $51,824 was used to fund payroll.

Gorman distributing inc is Existing or more than 2 years old

PPP Loan Search / MI / Plymouth / Gorman distributing inc

GORMAN DISTRIBUTING INC

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

GORMAN DISTRIBUTING INC

Borrower Address

9094 Elmhurst

Borrower City

Plymouth

Borrower State

MI

Borrower Zip

48170

Loan Status Date

03/26/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

51824.25

Current Approval Amount

51824.25

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99273

Servicing Lender Name

Community Financial CU

Servicing Lender Address

500 S Harvey St

Servicing Lender City

PLYMOUTH

Servicing Lender State

MI

Servicing Lender Zip

48170-1759

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Plymouth

Project County Name

WAYNE

Project State

MI

Project Zip

48170-0001

CD

MI-06

Jobs Reported

11

NAICS Code

484210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

51824.25

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

99273

Originating Lender

Community Financial CU

Originating Lender City

PLYMOUTH

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

52711.02

Forgiveness Date

01/12/2022

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