PPP Loan information for Gulf packaging, inc

$1,378,500

Gulf packaging, inc was initially approved for PPP Loan of amount $1,378,500, the current approved amount is $1,378,500. The loan was approved on 04/06/2020 by The The First Bank reported 140 jobs and $1,378,500 was used to fund payroll.

Gulf packaging, inc is Existing or more than 2 years old

GULF PACKAGING, INC

Date Approved

04/06/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

GULF PACKAGING, INC

Borrower Address

43489 Nicholsville Road

Borrower City

BAY MINETTE

Borrower State

AL

Borrower Zip

36507-8474

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1378500.00

Current Approval Amount

1378500.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BAY MINETTE

Project County Name

BALDWIN

Project State

AL

Project Zip

36507-8474

CD

AL-01

Jobs Reported

140

NAICS Code

322211

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

38000.00

Payroll Proceed

1167500.00

Mortgage Interest Proceed

15000.00

Rent Proceed

76000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

82000.00

Debt Interest Proceed

0

Business Type

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

1391863.79

Forgiveness Date

03/31/2021

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