Gib INC

$151,500 PPP Loan in Mitchell, South Dakota

Loan Details

Loan Number
4983637004
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$151,500
Current Approval
$151,500
Forgiveness Amount
$153,015
Forgiveness Date
Apr 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Gib INC
Address
802 N Sanborn Blvd
ZIP Code
57301-1918
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722513)
Franchise
Subway
Business Age
Existing or more than 2 years old
Jobs Reported
34
Estimated Revenue
$6.0M
Rural/Urban
Urban
Congressional District
SD-

Loan Use Breakdown

Payroll
$121,242
Rent
$13,924
Utilities
$16,334

Lender Information

Servicing Lender
Cortrust Bank National Association
Originating Lender
Cortrust Bank National Association

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