PPP Loan information for General power and control corporation inc.

$335,289

General power and control corporation inc. was initially approved for PPP Loan of amount $335,289, the current approved amount is $335,289. The loan was approved on 01/30/2021 by The United Community Bank reported 20 jobs and $335,289 was used to fund payroll.

General power and control corporation inc. is Existing or more than 2 years old

PPP Loan Search / LA / Geismar / General power and control corporation inc.

GENERAL POWER AND CONTROL CORPORATION INC.

Date Approved

01/30/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

GENERAL POWER AND CONTROL CORPORATION INC.

Borrower Address

5252 Gateway Dr

Borrower City

Geismar

Borrower State

LA

Borrower Zip

70734-3409

Loan Status Date

01/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

335288.75

Current Approval Amount

335288.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29249

Servicing Lender Name

United Community Bank

Servicing Lender Address

4626 Hwy 1

Servicing Lender City

RACELAND

Servicing Lender State

LA

Servicing Lender Zip

70394-2623

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Geismar

Project County Name

ASCENSION

Project State

LA

Project Zip

70734-3409

CD

LA-02

Jobs Reported

20

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

335285.75

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

29249

Originating Lender

United Community Bank

Originating Lender City

RACELAND

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

338129.39

Forgiveness Date

12/06/2021

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