PPP Loan information for Gressman motor company

$40,000

Gressman motor company was initially approved for PPP Loan of amount $40,000, the current approved amount is $40,000. The loan was approved on 04/07/2020 by The First Savings Bank reported 5 jobs and $40,000 was used to fund payroll.

Gressman motor company is Existing or more than 2 years old

PPP Loan Search / NM / ALAMOGORDO / Gressman motor company

GRESSMAN MOTOR COMPANY

Date Approved

04/07/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

GRESSMAN MOTOR COMPANY

Borrower Address

1003 HIGHWAY 70 W

Borrower City

ALAMOGORDO

Borrower State

NM

Borrower Zip

88310-7510

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40000.00

Current Approval Amount

40000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66442

Servicing Lender Name

First Savings Bank

Servicing Lender Address

201 N Third

Servicing Lender City

BERESFORD

Servicing Lender State

SD

Servicing Lender Zip

57004-1743

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ALAMOGORDO

Project County Name

OTERO

Project State

NM

Project Zip

88310-7510

CD

NM-02

Jobs Reported

5

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

40000.00

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

66442

Originating Lender

First Savings Bank

Originating Lender City

BERESFORD

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

35235.28

Forgiveness Date

12/09/2020

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