PPP Loan information for Gene's floor covering ii, inc

$353,200

Gene's floor covering ii, inc was initially approved for PPP Loan of amount $353,200, the current approved amount is $353,200. The loan was approved on 04/09/2020 by The The First Bank reported 23 jobs and $353,200 was used to fund payroll.

Gene's floor covering ii, inc is Existing or more than 2 years old

GENE'S FLOOR COVERING II, INC

Date Approved

04/09/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

GENE'S FLOOR COVERING II, INC

Borrower Address

3741 GULF SHORES PKWY

Borrower City

GULF SHORES

Borrower State

AL

Borrower Zip

36542-2713

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

353200.00

Current Approval Amount

353200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120708

Servicing Lender Name

The First Bank

Servicing Lender Address

6480 Hwy 98, West

Servicing Lender City

HATTIESBURG

Servicing Lender State

MS

Servicing Lender Zip

39402

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GULF SHORES

Project County Name

BALDWIN

Project State

AL

Project Zip

36542-2713

CD

AL-01

Jobs Reported

23

NAICS Code

238330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1200.00

Payroll Proceed

319000.00

Mortgage Interest Proceed

0.00

Rent Proceed

13000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

20000

Business Type

Corporation

Originating Lender Location Id

120708

Originating Lender

The First Bank

Originating Lender City

HATTIESBURG

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

356692.76

Forgiveness Date

04/12/2021

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