PPP Loan information for Gfc development inc.

$69,568

Gfc development inc. was initially approved for PPP Loan of amount $69,568, the current approved amount is $69,568. The loan was approved on 05/05/2021 by The Mechanics Cooperative Bank reported 4 jobs and $69,568 was used to fund payroll.

Gfc development inc. is Existing or more than 2 years old

GFC DEVELOPMENT INC.

Date Approved

05/05/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

GFC DEVELOPMENT INC.

Borrower Address

20 Fox Rd

Borrower City

Waltham

Borrower State

MA

Borrower Zip

02451-1007

Loan Status Date

01/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

69567.63

Current Approval Amount

69567.63

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89240

Servicing Lender Name

Mechanics Cooperative Bank

Servicing Lender Address

308 Bay St

Servicing Lender City

TAUNTON

Servicing Lender State

MA

Servicing Lender Zip

02780-1834

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Waltham

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02451-1007

CD

MA-05

Jobs Reported

4

NAICS Code

531390

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

69565.63

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

89240

Originating Lender

Mechanics Cooperative Bank

Originating Lender City

TAUNTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

69983.10

Forgiveness Date

12/14/2021

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