PPP Loan information for Geological resources, inc.

$433,900

Geological resources, inc. was initially approved for PPP Loan of amount $433,900, the current approved amount is $433,900. The loan was approved on 04/15/2020 by The Regions Bank reported 30 jobs and $433,900 was used to fund payroll.

Geological resources, inc. is Existing or more than 2 years old

PPP Loan Search / NC / Monroe / Geological resources, inc.

GEOLOGICAL RESOURCES, INC.

Date Approved

04/15/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

GEOLOGICAL RESOURCES, INC.

Borrower Address

3502 Hayes Road

Borrower City

Monroe

Borrower State

NC

Borrower Zip

28110-7903

Loan Status Date

10/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

433900.00

Current Approval Amount

433900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Monroe

Project County Name

UNION

Project State

NC

Project Zip

28110-7903

CD

NC-08

Jobs Reported

30

NAICS Code

541990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

433900.00

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

Corporation

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

439855.72

Forgiveness Date

09/08/2021

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