PPP Loan information for Gipson steel inc

$731,094

Gipson steel inc was initially approved for PPP Loan of amount $731,094, the current approved amount is $731,094. The loan was approved on 04/08/2020 by The Great Southern Bank reported 65 jobs and $731,094 was used to fund payroll.

Gipson steel inc is New Business or 2 years or less

PPP Loan Search / MS / MERIDIAN / Gipson steel inc

GIPSON STEEL INC

Date Approved

04/08/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

GIPSON STEEL INC

Borrower Address

2770 SELLERS DRIVE

Borrower City

MERIDIAN

Borrower State

MS

Borrower Zip

39301-1736

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

731094.00

Current Approval Amount

731094.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39708

Servicing Lender Name

Great Southern Bank

Servicing Lender Address

218 22nd Ave South

Servicing Lender City

MERIDIAN

Servicing Lender State

MS

Servicing Lender Zip

39301-5946

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MERIDIAN

Project County Name

LAUDERDALE

Project State

MS

Project Zip

39301-1736

CD

MS-03

Jobs Reported

65

NAICS Code

332312

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

26094.00

Payroll Proceed

675000.00

Mortgage Interest Proceed

0.00

Rent Proceed

30000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

39708

Originating Lender

Great Southern Bank

Originating Lender City

MERIDIAN

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

737082.96

Forgiveness Date

02/11/2021

;