PPP Loan information for Gearlds transport service inc

$520,695

Gearlds transport service inc was initially approved for PPP Loan of amount $520,695, the current approved amount is $520,695. The loan was approved on 02/02/2021 by The South Central Bank, Inc. reported 30 jobs and $520,695 was used to fund payroll.

Gearlds transport service inc is Existing or more than 2 years old

PPP Loan Search / KY / SMITHS GROVE / Gearlds transport service inc

GEARLDS TRANSPORT SERVICE INC

Date Approved

02/02/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

GEARLDS TRANSPORT SERVICE INC

Borrower Address

102 EAST FIRST STREET

Borrower City

SMITHS GROVE

Borrower State

KY

Borrower Zip

42171

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

520695.00

Current Approval Amount

520695.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27775

Servicing Lender Name

South Central Bank, Inc.

Servicing Lender Address

501 S L Rogers Wells Blvd

Servicing Lender City

GLASGOW

Servicing Lender State

KY

Servicing Lender Zip

42141

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SMITHS GROVE

Project County Name

WARREN

Project State

KY

Project Zip

42171

CD

KY-02

Jobs Reported

30

NAICS Code

484230

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

520694.00

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

27775

Originating Lender

South Central Bank, Inc.

Originating Lender City

GLASGOW

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

522936.88

Forgiveness Date

07/14/2021

;