PPP Loan information for G & m contractors inc

$45,000

G & m contractors inc was initially approved for PPP Loan of amount $45,000, the current approved amount is $45,000. The loan was approved on 04/06/2020 by The The Peoples Bank reported 8 jobs and $45,000 was used to fund payroll.

G & m contractors inc is Existing or more than 2 years old

G & M CONTRACTORS INC

Date Approved

04/06/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

G & M CONTRACTORS INC

Borrower Address

560 C EAST WALNUT ST

Borrower City

RIPLEY

Borrower State

MS

Borrower Zip

38663-2217

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

45000.00

Current Approval Amount

45000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39728

Servicing Lender Name

The Peoples Bank

Servicing Lender Address

305 E Jefferson St

Servicing Lender City

RIPLEY

Servicing Lender State

MS

Servicing Lender Zip

38663-2021

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RIPLEY

Project County Name

TIPPAH

Project State

MS

Project Zip

38663-2217

CD

MS-01

Jobs Reported

8

NAICS Code

238110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4500.00

Payroll Proceed

36000.00

Mortgage Interest Proceed

4500.00

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

39728

Originating Lender

The Peoples Bank

Originating Lender City

RIPLEY

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

45356.30

Forgiveness Date

01/26/2021

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