Gwg Wood Group, Inc.

$543,700 PPP Loan in Ferris, Texas

Loan Details

Loan Number
6352997010
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$543,700
Current Approval
$543,700
Forgiveness Amount
$546,840
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Gwg Wood Group, Inc.
Address
2797 Miller Ferry Rd
City
Ferris
State
Texas
ZIP Code
75125-8920
Business Type
Corporation
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (113310)
Business Age
Existing or more than 2 years old
Jobs Reported
48
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
TX-30

Loan Use Breakdown

Payroll
$407,775
Rent
$106,570
Utilities
$29,355

Lender Information

Servicing Lender
Texas Security Bank
Originating Lender
Texas Security Bank

Other PPP Loans in Ferris, TX

BusinessApproved
LP Sundance Construction, Inc.$1,267,954NewBizBotAI Deep Dive
Gwg Wood Group Inc.$492,642NewBizBotAI Deep Dive
Ferris Family Medicine, PA$300,950NewBizBotAI Deep Dive
Miller Air Starter Co INC$122,500NewBizBotAI Deep Dive
Miller Air Starter Co INC$122,000NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free