PPP Loan information for Gangloff industries, inc.

$544,835

Gangloff industries, inc. was initially approved for PPP Loan of amount $544,835, the current approved amount is $544,835. The loan was approved on 04/13/2020 by The First Farmers Bank & Trust Co. reported 42 jobs and $544,835 was used to fund payroll.

Gangloff industries, inc. is Existing or more than 2 years old

GANGLOFF INDUSTRIES, INC.

Date Approved

04/13/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

GANGLOFF INDUSTRIES, INC.

Borrower Address

1040 W. COUNTY ROAD 250 S. P.O. Box 28

Borrower City

LOGANSPORT

Borrower State

IN

Borrower Zip

46947-8270

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

544835.00

Current Approval Amount

544835.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23025

Servicing Lender Name

First Farmers Bank & Trust Co.

Servicing Lender Address

123 N Jefferson St

Servicing Lender City

CONVERSE

Servicing Lender State

IN

Servicing Lender Zip

46919

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LOGANSPORT

Project County Name

CASS

Project State

IN

Project Zip

46947-8270

CD

IN-04

Jobs Reported

42

NAICS Code

532120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

544835.00

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

23025

Originating Lender

First Farmers Bank & Trust Co.

Originating Lender City

CONVERSE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

547835.32

Forgiveness Date

11/03/2020

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