PPP Loan information for Gbs restaurants inc

$1,322,082

Gbs restaurants inc was initially approved for PPP Loan of amount $1,322,082, the current approved amount is $1,322,082. The loan was approved on 04/27/2020 by The Home Bank, SB reported 400 jobs and $1,322,082 was used to fund payroll.

Gbs restaurants inc is Existing or more than 2 years old

PPP Loan Search / IN / BLOOMINGTON / Gbs restaurants inc

GBS RESTAURANTS INC

Date Approved

04/27/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

GBS RESTAURANTS INC

Borrower Address

532 PLEASANT RIDGE RD

Borrower City

BLOOMINGTON

Borrower State

IN

Borrower Zip

47401

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1322082.45

Current Approval Amount

1322082.45

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84421

Servicing Lender Name

Home Bank, SB

Servicing Lender Address

59 W Washington St

Servicing Lender City

MARTINSVILLE

Servicing Lender State

IN

Servicing Lender Zip

46151-4521

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLOOMINGTON

Project County Name

MONROE

Project State

IN

Project Zip

47401-0004

CD

IN-09

Jobs Reported

400

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

83319.38

Payroll Proceed

855893.34

Mortgage Interest Proceed

0.00

Rent Proceed

302738.49

Refinance EIDL Proceed

0.00

Health Care Proceed

38724.27

Debt Interest Proceed

41406.97

Business Type

Subchapter S Corporation

Originating Lender Location Id

84421

Originating Lender

Home Bank, SB

Originating Lender City

MARTINSVILLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1334972.75

Forgiveness Date

04/16/2021

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