PPP Loan information for Gmi designs

$120,600

Gmi designs was initially approved for PPP Loan of amount $120,600, the current approved amount is $120,600. The loan was approved on 02/12/2021 by The Cache Valley Bank reported 11 jobs and $120,600 was used to fund payroll.

Gmi designs is Existing or more than 2 years old

GMI DESIGNS

Date Approved

02/12/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

GMI DESIGNS

Borrower Address

1031 State Route 18

Borrower City

East Brunswick

Borrower State

NJ

Borrower Zip

08816-4358

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

120600.00

Current Approval Amount

120600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72251

Servicing Lender Name

Cache Valley Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

LOGAN

Servicing Lender State

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

East Brunswick

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08816-4358

CD

NJ-12

Jobs Reported

11

NAICS Code

442110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

120596.00

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

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

121052.25

Forgiveness Date

07/08/2021

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