Gulf Packaging, INC
$1,378,500 PPP Loan in Bay Minette, Alabama
Loan Details
- Loan Number
- 6384277000
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,378,500
- Current Approval
- $1,378,500
- Forgiveness Amount
- $1,391,864
- Forgiveness Date
- Mar 31, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Gulf Packaging, INC
- Address
- 43489 Nicholsville Road
- City
- Bay Minette
- State
- Alabama
- ZIP Code
- 36507-8474
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (322211)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 140
- Estimated Revenue
- $138.9M
- Rural/Urban
- Rural
- Congressional District
- AL-01
Loan Use Breakdown
- Payroll
- $1,167,500
- Rent
- $76,000
- Utilities
- $38,000
- Health Care
- $82,000
- Mortgage Interest
- $15,000
Lender Information
- Servicing Lender
- The First Bank
- Originating Lender
- The First Bank
Other PPP Loans in Bay Minette, AL
| Business | Approved | |
|---|---|---|
| Moodys Electric INC | $1,861,920 | |
| Moody's Electric INC | $1,861,900 | |
| Dentalez Alabama, Inc. | $1,153,278 | |
| Chuck Stevens Automotive, Inc. | $746,198 | |
| Holland Industrial Services Inc. | $447,338 |
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