PPP Loan information for G&b insulation co., inc.

$251,903

G&b insulation co., inc. was initially approved for PPP Loan of amount $251,903, the current approved amount is $251,903. The loan was approved on 04/07/2020 by The First National Bank reported 24 jobs and $251,903 was used to fund payroll.

G&b insulation co., inc. is Existing or more than 2 years old

G&B INSULATION CO., INC.

Date Approved

04/07/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

G&B INSULATION CO., INC.

Borrower Address

10535 Wards Road

Borrower City

RUSTBURG

Borrower State

VA

Borrower Zip

24588-4390

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

251902.50

Current Approval Amount

251902.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73069

Servicing Lender Name

First National Bank

Servicing Lender Address

622 Broad St

Servicing Lender City

ALTAVISTA

Servicing Lender State

VA

Servicing Lender Zip

24517-1830

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RUSTBURG

Project County Name

CAMPBELL

Project State

VA

Project Zip

24588-4390

CD

VA-05

Jobs Reported

24

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2000.00

Payroll Proceed

243902.50

Mortgage Interest Proceed

2000.00

Rent Proceed

4000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

73069

Originating Lender

First National Bank

Originating Lender City

ALTAVISTA

Originating Lender State

VA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

253315.95

Forgiveness Date

11/03/2020

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