PPP Loan information for Gt products inc

$40,169

Gt products inc was initially approved for PPP Loan of amount $50,000, the current approved amount is $40,169. The loan was approved on 04/12/2020 by The Horizon Bank reported 7 jobs and $40,169 was used to fund payroll.

Gt products inc is Existing or more than 2 years old

PPP Loan Search / MI / BENTON HARBOR / Gt products inc

GT PRODUCTS INC

Date Approved

04/12/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

GT PRODUCTS INC

Borrower Address

1500 E. Empire Avenue

Borrower City

BENTON HARBOR

Borrower State

MI

Borrower Zip

49022-2022

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

40169.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BENTON HARBOR

Project County Name

BERRIEN

Project State

MI

Project Zip

49022-2022

CD

MI-06

Jobs Reported

7

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4016.90

Payroll Proceed

32135.20

Mortgage Interest Proceed

4016.90

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

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

40529.97

Forgiveness Date

03/25/2021

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