PPP Loan information for Gib inc

$151,500

Gib inc was initially approved for PPP Loan of amount $151,500, the current approved amount is $151,500. The loan was approved on 04/04/2020 by The CorTrust Bank National Association reported 34 jobs and $151,500 was used to fund payroll.

Gib inc is Existing or more than 2 years old

PPP Loan Search / SD / MITCHELL / Gib inc

GIB INC

Date Approved

04/04/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

GIB INC

Borrower Address

802 N SANBORN BLVD

Borrower City

MITCHELL

Borrower State

SD

Borrower Zip

57301-1918

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

151500.00

Current Approval Amount

151500.00

Undisbursed Amount

0.00

Franchise Name

Subway

Servicing Lender Location Id

66414

Servicing Lender Name

CorTrust Bank National Association

Servicing Lender Address

100 E Havens Ave

Servicing Lender City

MITCHELL

Servicing Lender State

SD

Servicing Lender Zip

57301-4026

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MITCHELL

Project County Name

DAVISON

Project State

SD

Project Zip

57301-1918

CD

SD-

Jobs Reported

34

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

16334.00

Payroll Proceed

121242.00

Mortgage Interest Proceed

0.00

Rent Proceed

13924.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

66414

Originating Lender

CorTrust Bank National Association

Originating Lender City

MITCHELL

Originating Lender State

SD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

153015.00

Forgiveness Date

04/14/2021

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