PPP Loan information for Gorman & gorman electric co.

$174,833

Gorman & gorman electric co. was initially approved for PPP Loan of amount $174,833, the current approved amount is $174,833. The loan was approved on 01/27/2021 by The Customers Bank reported 12 jobs and $174,833 was used to fund payroll.

Gorman & gorman electric co. is Existing or more than 2 years old

PPP Loan Search / GA / Macon / Gorman & gorman electric co.

GORMAN & GORMAN ELECTRIC CO.

Date Approved

01/27/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

GORMAN & GORMAN ELECTRIC CO.

Borrower Address

2255 Ronald Ave

Borrower City

Macon

Borrower State

GA

Borrower Zip

31217-5814

Loan Status Date

03/25/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

174833.00

Current Approval Amount

174833.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Macon

Project County Name

BIBB

Project State

GA

Project Zip

31217-5814

CD

GA-02

Jobs Reported

12

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

174831.00

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

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

176715.45

Forgiveness Date

03/10/2022

;