PPP Loan information for Gorman bros. inc

$2,000,000

Gorman bros. inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/12/2021 by The KeyBank National Association reported 205 jobs and $2,000,000 was used to fund payroll.

Gorman bros. inc is Existing or more than 2 years old

PPP Loan Search / NY / Albany / Gorman bros. inc

GORMAN BROS. INC

Date Approved

03/12/2021

SBA Office Code

0248

Processing Method

PPS

Borrower Name

GORMAN BROS. INC

Borrower Address

200 Church St

Borrower City

Albany

Borrower State

NY

Borrower Zip

12202-1965

Loan Status Date

02/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

56102

Servicing Lender Name

KeyBank National Association

Servicing Lender Address

127 Public Sq

Servicing Lender City

CLEVELAND

Servicing Lender State

OH

Servicing Lender Zip

44114-1217

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Albany

Project County Name

ALBANY

Project State

NY

Project Zip

12202-1965

CD

NY-20

Jobs Reported

205

NAICS Code

237310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999997.00

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

56102

Originating Lender

KeyBank National Association

Originating Lender City

CLEVELAND

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2013753.42

Forgiveness Date

12/01/2021

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