PPP Loan information for Gulf states saw & machine company inc

$245,000

Gulf states saw & machine company inc was initially approved for PPP Loan of amount $245,000, the current approved amount is $245,000. The loan was approved on 04/11/2020 by The SouthState Bank, National Association reported 15 jobs and $245,000 was used to fund payroll.

Gulf states saw & machine company inc is Existing or more than 2 years old

PPP Loan Search / AL / BESSEMER / Gulf states saw & machine company inc

GULF STATES SAW & MACHINE COMPANY INC

Date Approved

04/11/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

GULF STATES SAW & MACHINE COMPANY INC

Borrower Address

3416 DAVEY ALLISON BLVD

Borrower City

BESSEMER

Borrower State

AL

Borrower Zip

35023-2846

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

245000.00

Current Approval Amount

245000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117723

Servicing Lender Name

SouthState Bank, National Association

Servicing Lender Address

1101 First St South

Servicing Lender City

WINTER HAVEN

Servicing Lender State

FL

Servicing Lender Zip

33880-3908

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BESSEMER

Project County Name

JEFFERSON

Project State

AL

Project Zip

35023-2846

CD

AL-06

Jobs Reported

15

NAICS Code

423830

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

245000.00

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

117723

Originating Lender

SouthState Bank, National Association

Originating Lender City

WINTER HAVEN

Originating Lender State

FL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

247756.25

Forgiveness Date

06/14/2021

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