PPP Loan information for Gag sheet metal inc

$904,321

Gag sheet metal inc was initially approved for PPP Loan of amount $904,321, the current approved amount is $904,321. The loan was approved on 01/28/2021 by The Bank Midwest reported 64 jobs and $904,321 was used to fund payroll.

Gag sheet metal inc is Existing or more than 2 years old

GAG SHEET METAL INC

Date Approved

01/28/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

GAG SHEET METAL INC

Borrower Address

106 3rd St N

Borrower City

New Ulm

Borrower State

MN

Borrower Zip

56073-1624

Loan Status Date

01/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

904321.00

Current Approval Amount

904321.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38258

Servicing Lender Name

Bank Midwest

Servicing Lender Address

1525 18th St

Servicing Lender City

SPIRIT LAKE

Servicing Lender State

IA

Servicing Lender Zip

51360-1023

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New Ulm

Project County Name

BROWN

Project State

MN

Project Zip

56073-1624

CD

MN-01

Jobs Reported

64

NAICS Code

238160

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

904319.00

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

38258

Originating Lender

Bank Midwest

Originating Lender City

SPIRIT LAKE

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

912485.01

Forgiveness Date

12/21/2021

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