PPP Loan information for Gfs electric inc.

$70,300

Gfs electric inc. was initially approved for PPP Loan of amount $70,300, the current approved amount is $70,300. The loan was approved on 04/05/2020 by The Digital FCU reported 7 jobs and $70,300 was used to fund payroll.

Gfs electric inc. is Existing or more than 2 years old

PPP Loan Search / MA / MARLBOROUGH / Gfs electric inc.

GFS ELECTRIC INC.

Date Approved

04/05/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

GFS ELECTRIC INC.

Borrower Address

302 Desimone Dr

Borrower City

MARLBOROUGH

Borrower State

MA

Borrower Zip

01752-5109

Loan Status Date

01/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

70300.00

Current Approval Amount

70300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

109589

Servicing Lender Name

Digital FCU

Servicing Lender Address

220 Donald Lynch Blvd

Servicing Lender City

MARLBOROUGH

Servicing Lender State

MA

Servicing Lender Zip

01752-4708

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MARLBOROUGH

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01752-5109

CD

MA-03

Jobs Reported

7

NAICS Code

238210

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

70300.00

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

109589

Originating Lender

Digital FCU

Originating Lender City

MARLBOROUGH

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

55935.52

Forgiveness Date

10/19/2020

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