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 04/06/2020 by The South Central Bank, Inc. reported 42 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

04/06/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

GEARLDS TRANSPORT SERVICE, INC.

Borrower Address

102 E 1ST ST

Borrower City

SMITHS GROVE

Borrower State

KY

Borrower Zip

42171-8168

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

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

42171-8168

CD

KY-02

Jobs Reported

42

NAICS Code

484230

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

520695.00

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

523963.81

Forgiveness Date

11/27/2020

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