PPP Loan information for Gormans precision transmissions inc.

$61,330

Gormans precision transmissions inc. was initially approved for PPP Loan of amount $61,330, the current approved amount is $61,330. The loan was approved on 05/01/2020 by The WebBank reported 5 jobs and $61,330 was used to fund payroll.

Gormans precision transmissions inc. is Unanswered

GORMANS PRECISION TRANSMISSIONS INC.

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

GORMANS PRECISION TRANSMISSIONS INC.

Borrower Address

9400 Rt.130 North

Borrower City

Pennsauken

Borrower State

NJ

Borrower Zip

08110

Loan Status Date

09/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

61330.00

Current Approval Amount

61330.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122043

Servicing Lender Name

WebBank

Servicing Lender Address

215 S State St, Ste 1000

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-2336

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

Pennsauken

Project County Name

CAMDEN

Project State

NJ

Project Zip

08110-0001

CD

NJ-01

Jobs Reported

5

NAICS Code

811113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

61330.00

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

122043

Originating Lender

WebBank

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

62106.85

Forgiveness Date

08/04/2021

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