PPP Loan information for Gulf & caribbean cargo inc

$1,971,500

Gulf & caribbean cargo inc was initially approved for PPP Loan of amount $1,971,500, the current approved amount is $1,971,500. The loan was approved on 03/20/2021 by The Comerica Bank reported 123 jobs and $1,971,500 was used to fund payroll.

Gulf & caribbean cargo inc is Existing or more than 2 years old

GULF & CARIBBEAN CARGO INC

Date Approved

03/20/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

GULF & CARIBBEAN CARGO INC

Borrower Address

6860 S Service Dr

Borrower City

Waterford

Borrower State

MI

Borrower Zip

48327-1652

Loan Status Date

07/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1971500.00

Current Approval Amount

1971500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Waterford

Project County Name

OAKLAND

Project State

MI

Project Zip

48327-1652

CD

MI-11

Jobs Reported

123

NAICS Code

481212

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1971495.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1995596.11

Forgiveness Date

06/08/2022

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