PPP Loan information for Gatch electrical contractors inc

$659,500

Gatch electrical contractors inc was initially approved for PPP Loan of amount $659,500, the current approved amount is $659,500. The loan was approved on 04/11/2020 by The Truist Bank reported 52 jobs and $659,500 was used to fund payroll.

Gatch electrical contractors inc is Existing or more than 2 years old

GATCH ELECTRICAL CONTRACTORS INC

Date Approved

04/11/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

GATCH ELECTRICAL CONTRACTORS INC

Borrower Address

941 DUPONT RD

Borrower City

CHARLESTON

Borrower State

SC

Borrower Zip

29407-4803

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

659500.00

Current Approval Amount

659500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CHARLESTON

Project County Name

CHARLESTON

Project State

SC

Project Zip

29407-4803

CD

SC-06

Jobs Reported

52

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

659500.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

667175.85

Forgiveness Date

06/22/2021

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