PPP Loan information for General collection co inc

$208,200

General collection co inc was initially approved for PPP Loan of amount $208,200, the current approved amount is $208,200. The loan was approved on 04/04/2020 by The Five Points Bank reported 40 jobs and $208,200 was used to fund payroll.

General collection co inc is Existing or more than 2 years old

PPP Loan Search / NE / GRAND ISLAND / General collection co inc

GENERAL COLLECTION CO INC

Date Approved

04/04/2020

SBA Office Code

0766

Processing Method

PPP

Borrower Name

GENERAL COLLECTION CO INC

Borrower Address

402 W 3RD ST

Borrower City

GRAND ISLAND

Borrower State

NE

Borrower Zip

68801-5943

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

208200.00

Current Approval Amount

208200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42205

Servicing Lender Name

Five Points Bank

Servicing Lender Address

2015 N Broadwell Ave

Servicing Lender City

GRAND ISLAND

Servicing Lender State

NE

Servicing Lender Zip

68803-2759

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRAND ISLAND

Project County Name

HALL

Project State

NE

Project Zip

68801-5943

CD

NE-03

Jobs Reported

40

NAICS Code

561440

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

208200.00

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

Subchapter S Corporation

Originating Lender Location Id

42205

Originating Lender

Five Points Bank

Originating Lender City

GRAND ISLAND

Originating Lender State

NE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

209374.02

Forgiveness Date

11/03/2020

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