PPP Loan information for Gm cable contractors inc

$620,400

Gm cable contractors inc was initially approved for PPP Loan of amount $620,400, the current approved amount is $620,400. The loan was approved on 04/27/2020 by The Bank of Zachary reported 65 jobs and $620,400 was used to fund payroll.

Gm cable contractors inc is New Business or 2 years or less

PPP Loan Search / LA / BATON ROUGE / Gm cable contractors inc

GM CABLE CONTRACTORS INC

Date Approved

04/27/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

GM CABLE CONTRACTORS INC

Borrower Address

9232 JOOR RD

Borrower City

BATON ROUGE

Borrower State

LA

Borrower Zip

70818-4903

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

620400.00

Current Approval Amount

620400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29381

Servicing Lender Name

Bank of Zachary

Servicing Lender Address

4743 Main St

Servicing Lender City

ZACHARY

Servicing Lender State

LA

Servicing Lender Zip

70791-3941

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

BATON ROUGE

Project County Name

EAST BATON ROUGE

Project State

LA

Project Zip

70818-4903

CD

LA-06

Jobs Reported

65

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

620400.00

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

Corporation

Originating Lender Location Id

29381

Originating Lender

Bank of Zachary

Originating Lender City

ZACHARY

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

625087.47

Forgiveness Date

01/26/2021

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