PPP Loan information for Gulf coast organic, inc.

$200,000

Gulf coast organic, inc. was initially approved for PPP Loan of amount $200,000, the current approved amount is $200,000. The loan was approved on 04/13/2020 by The The First Bank reported 15 jobs and $200,000 was used to fund payroll.

Gulf coast organic, inc. is Existing or more than 2 years old

GULF COAST ORGANIC, INC.

Date Approved

04/13/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

GULF COAST ORGANIC, INC.

Borrower Address

10505 A COUNTY ROAD 65

Borrower City

FOLEY

Borrower State

AL

Borrower Zip

36535-4563

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

200000.00

Current Approval Amount

200000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120708

Servicing Lender Name

The First Bank

Servicing Lender Address

6480 Hwy 98, West

Servicing Lender City

HATTIESBURG

Servicing Lender State

MS

Servicing Lender Zip

39402

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FOLEY

Project County Name

BALDWIN

Project State

AL

Project Zip

36535-4563

CD

AL-01

Jobs Reported

15

NAICS Code

115112

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

600.00

Payroll Proceed

179400.00

Mortgage Interest Proceed

0.00

Rent Proceed

13000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

120708

Originating Lender

The First Bank

Originating Lender City

HATTIESBURG

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

201766.67

Forgiveness Date

03/05/2021

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