Gmt LLC

$3,190,339 PPP Loan in Waverly, Iowa

Loan Details

Loan Number
4956217001
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$3,190,339
Current Approval
$3,190,339
Forgiveness Amount
$3,227,399
Forgiveness Date
Jun 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Gmt LLC
Address
2116 East Bremer Ave
State
Iowa
ZIP Code
50677-4021
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (332312)
Business Age
Existing or more than 2 years old
Jobs Reported
181
Estimated Revenue
$44.2M
Rural/Urban
Rural
Congressional District
IA-02

Loan Use Breakdown

Payroll
$2,552,272
Rent
$180,000
Utilities
$62,999
Health Care
$379,568
Mortgage Interest
$15,500

Lender Information

Servicing Lender
Lincoln Savings Bank
Originating Lender
Lincoln Savings Bank

Other PPP Loans in Waverly, IA

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Doerfer Corporation$6,186,761NewBizBotResearch
Waverly Health Center$5,553,300NewBizBotResearch
Wartburg College$4,341,000NewBizBotResearch
Gmt LLC$2,000,000NewBizBotResearch
Doerfer Corporation$2,000,000NewBizBotResearch

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