PPP Loan information for Gorman construction inc

$1,301,400

Gorman construction inc was initially approved for PPP Loan of amount $1,301,400, the current approved amount is $1,301,400. The loan was approved on 04/07/2020 by The Georgia's Own Credit Union reported 115 jobs and $1,301,400 was used to fund payroll.

Gorman construction inc is Existing or more than 2 years old

PPP Loan Search / GA / POWDER SPRINGS / Gorman construction inc

GORMAN CONSTRUCTION INC

Date Approved

04/07/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

GORMAN CONSTRUCTION INC

Borrower Address

3401 FLORENCE CIR

Borrower City

POWDER SPRINGS

Borrower State

GA

Borrower Zip

30127-6025

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1301400.00

Current Approval Amount

1301400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

95003

Servicing Lender Name

Georgia's Own Credit Union

Servicing Lender Address

100 Peachtree St, Ste 2800

Servicing Lender City

Atlanta

Servicing Lender State

GA

Servicing Lender Zip

30303-1166

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

POWDER SPRINGS

Project County Name

COBB

Project State

GA

Project Zip

30127-6025

CD

GA-14

Jobs Reported

115

NAICS Code

333120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

162675.00

Payroll Proceed

976050.00

Mortgage Interest Proceed

0.00

Rent Proceed

162675.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

448440

Originating Lender

Vinings Bank

Originating Lender City

SMYRNA

Originating Lender State

GA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1314486.30

Forgiveness Date

04/14/2021

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