PPP Loan information for Gsi electrical services inc

$300,000

Gsi electrical services inc was initially approved for PPP Loan of amount $300,000, the current approved amount is $300,000. The loan was approved on 03/13/2021 by The PNC Bank, National Association reported 55 jobs and $300,000 was used to fund payroll.

Gsi electrical services inc is Existing or more than 2 years old

GSI ELECTRICAL SERVICES INC

Date Approved

03/13/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

GSI ELECTRICAL SERVICES INC

Borrower Address

6640 Cobb Dr 6640 Cobb Dr

Borrower City

Sterling Heights

Borrower State

MI

Borrower Zip

48312-2624

Loan Status Date

04/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

300000.00

Current Approval Amount

300000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sterling Heights

Project County Name

MACOMB

Project State

MI

Project Zip

48312-2624

CD

MI-10

Jobs Reported

55

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

299998.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

303083.33

Forgiveness Date

03/22/2022

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