PPP Loan information for Gbs inc

$364,752

Gbs inc was initially approved for PPP Loan of amount $364,752, the current approved amount is $364,752. The loan was approved on 01/30/2021 by The West Bank reported 31 jobs and $364,752 was used to fund payroll.

Gbs inc is Existing or more than 2 years old

GBS INC

Date Approved

01/30/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

GBS INC

Borrower Address

4730 Merle Hay Rd

Borrower City

Urbandale

Borrower State

IA

Borrower Zip

50322-1963

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

364752.00

Current Approval Amount

364752.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25587

Servicing Lender Name

West Bank

Servicing Lender Address

1601 22nd St

Servicing Lender City

WEST DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50266-1408

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Urbandale

Project County Name

POLK

Project State

IA

Project Zip

50322-1963

CD

IA-03

Jobs Reported

31

NAICS Code

811121

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

364749.00

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

25587

Originating Lender

West Bank

Originating Lender City

WEST DES MOINES

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

367010.46

Forgiveness Date

09/24/2021

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