PPP Loan information for Gmm insurance inc

$50,694

Gmm insurance inc was initially approved for PPP Loan of amount $48,160, the current approved amount is $50,694. The loan was approved on 04/07/2020 by The Security Federal Bank reported 5 jobs and $50,694 was used to fund payroll.

Gmm insurance inc is Existing or more than 2 years old

GMM INSURANCE INC

Date Approved

04/07/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

GMM INSURANCE INC

Borrower Address

115 LIBRARY HILL LN Suite A

Borrower City

LEXINGTON

Borrower State

SC

Borrower Zip

29072-3893

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48160.00

Current Approval Amount

50694.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

88630

Servicing Lender Name

Security Federal Bank

Servicing Lender Address

238 Richland Ave NW

Servicing Lender City

AIKEN

Servicing Lender State

SC

Servicing Lender Zip

29801-3866

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LEXINGTON

Project County Name

LEXINGTON

Project State

SC

Project Zip

29072-3893

CD

SC-02

Jobs Reported

5

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

50694.00

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

88630

Originating Lender

Security Federal Bank

Originating Lender City

AIKEN

Originating Lender State

SC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

50995.35

Forgiveness Date

11/23/2020

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