PPP Loan information for Gec inc

$136,900

Gec inc was initially approved for PPP Loan of amount $136,900, the current approved amount is $136,900. The loan was approved on 04/04/2020 by The Clear Mountain Bank, Inc. reported 16 jobs and $136,900 was used to fund payroll.

Gec inc is Existing or more than 2 years old

PPP Loan Search / WV / BRUCETON MILLS / Gec inc

GEC INC

Date Approved

04/04/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

GEC INC

Borrower Address

13553 n presto highway

Borrower City

BRUCETON MILLS

Borrower State

WV

Borrower Zip

26525

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

136900.00

Current Approval Amount

136900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

74988

Servicing Lender Name

Clear Mountain Bank, Inc.

Servicing Lender Address

Morgantown St

Servicing Lender City

BRUCETON MILLS

Servicing Lender State

WV

Servicing Lender Zip

26525

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRUCETON MILLS

Project County Name

PRESTON

Project State

WV

Project Zip

26525-0001

CD

WV-02

Jobs Reported

16

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6040.80

Payroll Proceed

113931.64

Mortgage Interest Proceed

0.00

Rent Proceed

4000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

12927.56

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

74988

Originating Lender

Clear Mountain Bank, Inc.

Originating Lender City

BRUCETON MILLS

Originating Lender State

WV

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

138208.99

Forgiveness Date

03/30/2021

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