PPP Loan information for Gmi corporation

$1,304,658

Gmi corporation was initially approved for PPP Loan of amount $1,304,658, the current approved amount is $1,304,658. The loan was approved on 01/30/2021 by The Old National Bank reported 80 jobs and $1,304,658 was used to fund payroll.

Gmi corporation is Existing or more than 2 years old

PPP Loan Search / IN / Franklin / Gmi corporation

GMI CORPORATION

Date Approved

01/30/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

GMI CORPORATION

Borrower Address

700 International Dr

Borrower City

Franklin

Borrower State

IN

Borrower Zip

46131-9733

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1304657.50

Current Approval Amount

1304657.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Franklin

Project County Name

JOHNSON

Project State

IN

Project Zip

46131-9733

CD

IN-06

Jobs Reported

80

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1304655.50

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

Employee Stock Ownership Plan(ESOP)

Originating Lender Location Id

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1310019.11

Forgiveness Date

07/02/2021

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