PPP Loan information for Gbi inc

$107,500

Gbi inc was initially approved for PPP Loan of amount $107,500, the current approved amount is $107,500. The loan was approved on 04/03/2020 by The The First National Bank of Milaca reported 9 jobs and $107,500 was used to fund payroll.

Gbi inc is Existing or more than 2 years old

PPP Loan Search / MN / FOLEY / Gbi inc

GBI INC

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

GBI INC

Borrower Address

415 DEWEY ST

Borrower City

FOLEY

Borrower State

MN

Borrower Zip

56329-8406

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

107500.00

Current Approval Amount

107500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38387

Servicing Lender Name

The First National Bank of Milaca

Servicing Lender Address

190 2nd Ave SW

Servicing Lender City

MILACA

Servicing Lender State

MN

Servicing Lender Zip

56353-1106

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FOLEY

Project County Name

BENTON

Project State

MN

Project Zip

56329-8406

CD

MN-06

Jobs Reported

9

NAICS Code

524210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

107500.00

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

38387

Originating Lender

The First National Bank of Milaca

Originating Lender City

MILACA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

108309.24

Forgiveness Date

01/07/2021

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