Date Approved
05/18/2020
SBA Office Code
0460
Processing Method
PPP
Borrower Name
GCL DEVELOPMENT, LLC
Borrower Address
1110 NC 153 Hwy
Borrower City
China Grove
Borrower State
NC
Borrower Zip
28023
Loan Status Date
02/23/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
11592.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
122043
Servicing Lender Name
WebBank
Servicing Lender Address
215 S State St, Ste 1000
Servicing Lender City
SALT LAKE CITY
Servicing Lender State
UT
Servicing Lender Zip
84111-2336
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
ROWAN
Project State
Project Zip
28023-0001
CD
NC-08
Jobs Reported
3
NAICS Code
236115
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
11667.03
Forgiveness Date
01/08/2021