PPP Loan information for Gsm industrial inc

$1,831,050

Gsm industrial inc was initially approved for PPP Loan of amount $1,831,050, the current approved amount is $1,831,050. The loan was approved on 04/12/2020 by The Fulton Bank, National Association reported 123 jobs and $1,831,050 was used to fund payroll.

Gsm industrial inc is Existing or more than 2 years old

GSM INDUSTRIAL INC

Date Approved

04/12/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

GSM INDUSTRIAL INC

Borrower Address

3249 Hempland Road

Borrower City

Lancaster

Borrower State

PA

Borrower Zip

17601-6913

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1831050.00

Current Approval Amount

1831050.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lancaster

Project County Name

LANCASTER

Project State

PA

Project Zip

17601-6913

CD

PA-11

Jobs Reported

123

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1373287.50

Mortgage Interest Proceed

0.00

Rent Proceed

457762.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1843765.62

Forgiveness Date

12/30/2020

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