PPP Loan information for Gustafson industries inc.

$379,972

Gustafson industries inc. was initially approved for PPP Loan of amount $379,972, the current approved amount is $379,972. The loan was approved on 02/09/2021 by The Bank of America, National Association reported 30 jobs and $379,972 was used to fund payroll.

Gustafson industries inc. is Existing or more than 2 years old

GUSTAFSON INDUSTRIES INC.

Date Approved

02/09/2021

SBA Office Code

0455

Processing Method

PPS

Borrower Name

GUSTAFSON INDUSTRIES INC.

Borrower Address

716 SE 1st St

Borrower City

Boynton Beach

Borrower State

FL

Borrower Zip

33435-5625

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

379972.00

Current Approval Amount

379972.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Boynton Beach

Project County Name

PALM BEACH

Project State

FL

Project Zip

33435-5625

CD

FL-22

Jobs Reported

30

NAICS Code

238160

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

379970.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

381783.37

Forgiveness Date

08/04/2021

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