PPP Loan information for Gulf resources inc.

$386,543

Gulf resources inc. was initially approved for PPP Loan of amount $386,543, the current approved amount is $386,543. The loan was approved on 01/25/2021 by The BayCoast Bank reported 62 jobs and $386,543 was used to fund payroll.

Gulf resources inc. is Existing or more than 2 years old

GULF RESOURCES INC.

Date Approved

01/25/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

GULF RESOURCES INC.

Borrower Address

275 Martine St Ste 110

Borrower City

Fall River

Borrower State

MA

Borrower Zip

02723-1518

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

386543.00

Current Approval Amount

386543.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32784

Servicing Lender Name

BayCoast Bank

Servicing Lender Address

330 Swansea Mall Dr

Servicing Lender City

SWANSEA

Servicing Lender State

MA

Servicing Lender Zip

02777-4112

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fall River

Project County Name

BRISTOL

Project State

MA

Project Zip

02723-1518

CD

MA-04

Jobs Reported

62

NAICS Code

447110

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

386540.00

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

32784

Originating Lender

BayCoast Bank

Originating Lender City

SWANSEA

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

389077.00

Forgiveness Date

09/22/2021

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