PPP Loan information for Gillies inc.

$50,000

Gillies inc. was initially approved for PPP Loan of amount $25,000, the current approved amount is $50,000. The loan was approved on 04/05/2020 by The The National Bank of Blacksburg reported 24 jobs and $50,000 was used to fund payroll.

Gillies inc. is Existing or more than 2 years old

GILLIES INC.

Date Approved

04/05/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

GILLIES INC.

Borrower Address

153 COLLEGE AVE

Borrower City

BLACKSBURG

Borrower State

VA

Borrower Zip

24060-7401

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

25000.00

Current Approval Amount

50000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73099

Servicing Lender Name

The National Bank of Blacksburg

Servicing Lender Address

100 S Main St

Servicing Lender City

BLACKSBURG

Servicing Lender State

VA

Servicing Lender Zip

24060-4859

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLACKSBURG

Project County Name

MONTGOMERY

Project State

VA

Project Zip

24060-7401

CD

VA-09

Jobs Reported

24

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6250.00

Payroll Proceed

37500.00

Mortgage Interest Proceed

0.00

Rent Proceed

6250.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

73099

Originating Lender

The National Bank of Blacksburg

Originating Lender City

BLACKSBURG

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

50372.60

Forgiveness Date

01/08/2021

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