PPP Loan information for Gmc squared inc

$201,100

Gmc squared inc was initially approved for PPP Loan of amount $201,100, the current approved amount is $201,100. The loan was approved on 04/15/2020 by The Citizens State Bank reported 51 jobs and $201,100 was used to fund payroll.

Gmc squared inc is Existing or more than 2 years old

GMC SQUARED INC

Date Approved

04/15/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

GMC SQUARED INC

Borrower Address

151 CARMICHAEL RD

Borrower City

HUDSON

Borrower State

WI

Borrower Zip

54016-7716

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

201100.00

Current Approval Amount

201100.00

Undisbursed Amount

0.00

Franchise Name

Culver's ButterBurgers & Frozen Custard

Servicing Lender Location Id

77103

Servicing Lender Name

Citizens State Bank

Servicing Lender Address

375 Stageline Rd

Servicing Lender City

HUDSON

Servicing Lender State

WI

Servicing Lender Zip

54016-8364

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUDSON

Project County Name

SAINT CROIX

Project State

WI

Project Zip

54016-7716

CD

WI-07

Jobs Reported

51

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

201100.00

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

Subchapter S Corporation

Originating Lender Location Id

77103

Originating Lender

Citizens State Bank

Originating Lender City

HUDSON

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

202372.72

Forgiveness Date

12/08/2020

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