PPP Loan information for G&g distributors inc

$363,300

G&g distributors inc was initially approved for PPP Loan of amount $363,300, the current approved amount is $363,300. The loan was approved on 05/11/2020 by The The Queenstown Bank of Maryland reported 26 jobs and $363,300 was used to fund payroll.

G&g distributors inc is Existing or more than 2 years old

PPP Loan Search / MD / CENTREVILLE / G&g distributors inc

G&G DISTRIBUTORS INC

Date Approved

05/11/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

G&G DISTRIBUTORS INC

Borrower Address

186 PO BOX

Borrower City

CENTREVILLE

Borrower State

MD

Borrower Zip

21617-0186

Loan Status Date

06/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

363300.00

Current Approval Amount

363300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30851

Servicing Lender Name

The Queenstown Bank of Maryland

Servicing Lender Address

7101 Main St

Servicing Lender City

QUEENSTOWN

Servicing Lender State

MD

Servicing Lender Zip

21658-1223

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CENTREVILLE

Project County Name

QUEEN ANNES

Project State

MD

Project Zip

21617-0186

CD

MD-01

Jobs Reported

26

NAICS Code

424820

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

363300.00

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

30851

Originating Lender

The Queenstown Bank of Maryland

Originating Lender City

QUEENSTOWN

Originating Lender State

MD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

366833.47

Forgiveness Date

05/04/2021

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