PPP Loan information for Gfc development inc

$93,200

Gfc development inc was initially approved for PPP Loan of amount $93,200, the current approved amount is $93,200. The loan was approved on 04/04/2020 by The Mechanics Cooperative Bank reported 3 jobs and $93,200 was used to fund payroll.

Gfc development inc is Existing or more than 2 years old

PPP Loan Search / MA / WALTHAM / Gfc development inc

GFC DEVELOPMENT INC

Date Approved

04/04/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

GFC DEVELOPMENT INC

Borrower Address

20 FOX RD

Borrower City

WALTHAM

Borrower State

MA

Borrower Zip

02451-1007

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

93200.00

Current Approval Amount

93200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89240

Servicing Lender Name

Mechanics Cooperative Bank

Servicing Lender Address

308 Bay St

Servicing Lender City

TAUNTON

Servicing Lender State

MA

Servicing Lender Zip

02780-1834

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WALTHAM

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02451-1007

CD

MA-05

Jobs Reported

3

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2000.00

Payroll Proceed

69700.00

Mortgage Interest Proceed

0.00

Rent Proceed

15000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6500.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

89240

Originating Lender

Mechanics Cooperative Bank

Originating Lender City

TAUNTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

94186.37

Forgiveness Date

05/03/2021

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