Global Composites Inc.

$1,265,000 PPP Loan in Elkhart, Indiana

Loan Details

Loan Number
2873107107
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$1,265,000
Current Approval
$1,265,000
Forgiveness Amount
$1,280,531
Forgiveness Date
Jul 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Global Composites Inc.
Address
58190 Cr 3 0.0
State
Indiana
ZIP Code
46517-9007
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (326199)
Business Age
Existing or more than 2 years old
Jobs Reported
190
Estimated Revenue
$188.5M
Rural/Urban
Urban
Congressional District
IN-02

Loan Use Breakdown

Payroll
$1,006,000
Rent
$81,000
Utilities
$53,000
Health Care
$125,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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