PPP Loan information for Gt technologies, inc.

$5,850,000

Gt technologies, inc. was initially approved for PPP Loan of amount $7,913,500, the current approved amount is $5,850,000. The loan was approved on 04/27/2020 by The Emigrant Bank reported 460 jobs and $5,850,000 was used to fund payroll.

Gt technologies, inc. is Existing or more than 2 years old

GT TECHNOLOGIES, INC.

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

GT TECHNOLOGIES, INC.

Borrower Address

5895 E. Executive Drive

Borrower City

Westland

Borrower State

MI

Borrower Zip

48185

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7913500.00

Current Approval Amount

5850000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48902

Servicing Lender Name

Emigrant Bank

Servicing Lender Address

5 E 42nd St

Servicing Lender City

NEW YORK CITY

Servicing Lender State

NY

Servicing Lender Zip

10017-6904

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Westland

Project County Name

WAYNE

Project State

MI

Project Zip

48185-0001

CD

MI-12

Jobs Reported

460

NAICS Code

336310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

5850000.00

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

Corporation

Originating Lender Location Id

48902

Originating Lender

Emigrant Bank

Originating Lender City

NEW YORK CITY

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

5913789.04

Forgiveness Date

06/09/2021

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