PPP Loan information for Global composites inc.

$1,265,000

Global composites inc. was initially approved for PPP Loan of amount $1,265,000, the current approved amount is $1,265,000. The loan was approved on 04/11/2020 by The JPMorgan Chase Bank, National Association reported 190 jobs and $1,265,000 was used to fund payroll.

Global composites inc. is Existing or more than 2 years old

GLOBAL COMPOSITES INC.

Date Approved

04/11/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

GLOBAL COMPOSITES INC.

Borrower Address

58190 CR 3 0.0

Borrower City

Elkhart

Borrower State

IN

Borrower Zip

46517-9007

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1265000.00

Current Approval Amount

1265000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Elkhart

Project County Name

ELKHART

Project State

IN

Project Zip

46517-9007

CD

IN-02

Jobs Reported

190

NAICS Code

326199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

53000.00

Payroll Proceed

1006000.00

Mortgage Interest Proceed

0.00

Rent Proceed

81000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

125000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1280530.69

Forgiveness Date

07/09/2021

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