PPP Loan information for Gt plastics inc

$336,000

Gt plastics inc was initially approved for PPP Loan of amount $336,000, the current approved amount is $336,000. The loan was approved on 07/21/2020 by The Huron Community Bank reported 28 jobs and $336,000 was used to fund payroll.

Gt plastics inc is Existing or more than 2 years old

PPP Loan Search / MI / Oscoda / Gt plastics inc

GT PLASTICS INC

Date Approved

07/21/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

GT PLASTICS INC

Borrower Address

4681 N Industrial Row

Borrower City

Oscoda

Borrower State

MI

Borrower Zip

48750

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

336000.00

Current Approval Amount

336000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34506

Servicing Lender Name

Huron Community Bank

Servicing Lender Address

301 Newman St

Servicing Lender City

EAST TAWAS

Servicing Lender State

MI

Servicing Lender Zip

48730-1213

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Oscoda

Project County Name

IOSCO

Project State

MI

Project Zip

48750-0001

CD

MI-01

Jobs Reported

28

NAICS Code

326199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

18000.00

Payroll Proceed

293000.00

Mortgage Interest Proceed

0.00

Rent Proceed

25000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

34506

Originating Lender

Huron Community Bank

Originating Lender City

EAST TAWAS

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

338025.33

Forgiveness Date

03/01/2021

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