PPP Loan information for Gress engineering pc

$39,900

Gress engineering pc was initially approved for PPP Loan of amount $39,900, the current approved amount is $39,900. The loan was approved on 05/18/2020 by The Summit Community Bank, Inc. reported 7 jobs and $39,900 was used to fund payroll.

Gress engineering pc is Existing or more than 2 years old

GRESS ENGINEERING PC

Date Approved

05/18/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

GRESS ENGINEERING PC

Borrower Address

521 ALBEMARLE ST

Borrower City

BLUEFIELD

Borrower State

WV

Borrower Zip

24701-4603

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

39900.00

Current Approval Amount

39900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLUEFIELD

Project County Name

MERCER

Project State

WV

Project Zip

24701-4603

CD

WV-01

Jobs Reported

7

NAICS Code

541330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2900.00

Payroll Proceed

31000.00

Mortgage Interest Proceed

6000.00

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

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40091.74

Forgiveness Date

11/12/2020

;