PPP Loan information for The galt corporation

$94,542

The galt corporation was initially approved for PPP Loan of amount $84,400, the current approved amount is $94,542. The loan was approved on 04/14/2020 by The Truist Bank reported 8 jobs and $94,542 was used to fund payroll.

The galt corporation is Existing or more than 2 years old

PPP Loan Search / VA / PORTSMOUTH / The galt corporation

THE GALT CORPORATION

Date Approved

04/14/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

THE GALT CORPORATION

Borrower Address

5924 HIGH ST

Borrower City

PORTSMOUTH

Borrower State

VA

Borrower Zip

23703-4506

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

84400.00

Current Approval Amount

94542.32

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PORTSMOUTH

Project County Name

PORTSMOUTH CITY

Project State

VA

Project Zip

23703-4506

CD

VA-03

Jobs Reported

8

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

94542.32

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

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

95288.15

Forgiveness Date

02/10/2021

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