PPP Loan information for Gagb, llc

$518,000

Gagb, llc was initially approved for PPP Loan of amount $485,565, the current approved amount is $518,000. The loan was approved on 04/15/2020 by The Cadence Bank reported 56 jobs and $518,000 was used to fund payroll.

Gagb, llc is Existing or more than 2 years old

GAGB, LLC

Date Approved

04/15/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

GAGB, LLC

Borrower Address

3685 Parkwood Road

Borrower City

BESSEMER

Borrower State

AL

Borrower Zip

35022-5171

Loan Status Date

09/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

485565.00

Current Approval Amount

518000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BESSEMER

Project County Name

JEFFERSON

Project State

AL

Project Zip

35022-5171

CD

AL-06

Jobs Reported

56

NAICS Code

561790

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

518000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

524532.56

Forgiveness Date

08/05/2021

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