PPP Loan information for Gc commercial inc.

$358,400

Gc commercial inc. was initially approved for PPP Loan of amount $358,400, the current approved amount is $358,400. The loan was approved on 02/05/2021 by The TowneBank reported 22 jobs and $358,400 was used to fund payroll.

Gc commercial inc. is Existing or more than 2 years old

PPP Loan Search / VA / Newport News / Gc commercial inc.

GC COMMERCIAL INC.

Date Approved

02/05/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

GC COMMERCIAL INC.

Borrower Address

3 Pennington Ave

Borrower City

Newport News

Borrower State

VA

Borrower Zip

23606-2631

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

358400.00

Current Approval Amount

358400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newport News

Project County Name

NEWPORT NEWS CITY

Project State

VA

Project Zip

23606-2631

CD

VA-03

Jobs Reported

22

NAICS Code

236220

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

358398.00

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

Subchapter S Corporation

Originating Lender Location Id

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

360012.80

Forgiveness Date

07/26/2021

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