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
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

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