PPP Loan information for Gibson brothers welding inc.

$294,538

Gibson brothers welding inc. was initially approved for PPP Loan of amount $294,538, the current approved amount is $294,538. The loan was approved on 01/20/2021 by The First Farmers Bank & Trust Co. reported 25 jobs and $294,538 was used to fund payroll.

Gibson brothers welding inc. is Existing or more than 2 years old

GIBSON BROTHERS WELDING INC.

Date Approved

01/20/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

GIBSON BROTHERS WELDING INC.

Borrower Address

1520 W 900 S

Borrower City

Fairmount

Borrower State

IN

Borrower Zip

46928-9774

Loan Status Date

09/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

294537.75

Current Approval Amount

294537.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23025

Servicing Lender Name

First Farmers Bank & Trust Co.

Servicing Lender Address

123 N Jefferson St

Servicing Lender City

CONVERSE

Servicing Lender State

IN

Servicing Lender Zip

46919

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fairmount

Project County Name

GRANT

Project State

IN

Project Zip

46928-9774

CD

IN-05

Jobs Reported

25

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

294536.75

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

23025

Originating Lender

First Farmers Bank & Trust Co.

Originating Lender City

CONVERSE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

296087.10

Forgiveness Date

08/06/2021

;