PPP Loan information for General insulation inc

$3,432,305

General insulation inc was initially approved for PPP Loan of amount $3,432,305, the current approved amount is $3,432,305. The loan was approved on 04/13/2020 by The Cadence Bank reported 384 jobs and $3,432,305 was used to fund payroll.

General insulation inc is New Business or 2 years or less

PPP Loan Search / AL / THEODORE / General insulation inc

GENERAL INSULATION INC

Date Approved

04/13/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

GENERAL INSULATION INC

Borrower Address

3555 HURRICANE BAY DR

Borrower City

THEODORE

Borrower State

AL

Borrower Zip

36582-5251

Loan Status Date

07/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3432305.00

Current Approval Amount

3432305.00

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

New Business or 2 years or less

Project City

THEODORE

Project County Name

MOBILE

Project State

AL

Project Zip

36582-5251

CD

AL-01

Jobs Reported

384

NAICS Code

238990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

3432305.00

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

Corporation

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

3471776.51

Forgiveness Date

06/11/2021

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