PPP Loan information for Gm family resources inc.

$618,005

Gm family resources inc. was initially approved for PPP Loan of amount $650,000, the current approved amount is $618,005. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 196 jobs and $618,005 was used to fund payroll.

Gm family resources inc. is New Business or 2 years or less

GM FAMILY RESOURCES INC.

Date Approved

05/01/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

GM FAMILY RESOURCES INC.

Borrower Address

812 60TH STREET 4TH FLOOR

Borrower City

BROOKLYN

Borrower State

NY

Borrower Zip

11220

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

650000.00

Current Approval Amount

618005.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

BROOKLYN

Project County Name

KINGS

Project State

NY

Project Zip

11220-0001

CD

NY-10

Jobs Reported

196

NAICS Code

541611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

618005.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

623558.58

Forgiveness Date

03/31/2021

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