PPP Loan information for Ggi builders inc

$700,000

Ggi builders inc was initially approved for PPP Loan of amount $700,000, the current approved amount is $700,000. The loan was approved on 04/07/2020 by The Hebron Savings Bank reported 41 jobs and $700,000 was used to fund payroll.

Ggi builders inc is Existing or more than 2 years old

PPP Loan Search / MD / SALISBURY / Ggi builders inc

GGI BUILDERS INC

Date Approved

04/07/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

GGI BUILDERS INC

Borrower Address

150 W MARKET ST, ste 200

Borrower City

SALISBURY

Borrower State

MD

Borrower Zip

21801-5138

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

700000.00

Current Approval Amount

700000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30707

Servicing Lender Name

Hebron Savings Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

HEBRON

Servicing Lender State

MD

Servicing Lender Zip

21830-1039

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SALISBURY

Project County Name

WICOMICO

Project State

MD

Project Zip

21801-5138

CD

MD-01

Jobs Reported

41

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

560000.00

Mortgage Interest Proceed

140000.00

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

30707

Originating Lender

Hebron Savings Bank

Originating Lender City

HEBRON

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

704258.33

Forgiveness Date

11/23/2020

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