Gorman Construction INC

$1,301,400 PPP Loan in Powder Springs, Georgia

Loan Details

Loan Number
7096167002
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$1,301,400
Current Approval
$1,301,400
Forgiveness Amount
$1,314,486
Forgiveness Date
Apr 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Gorman Construction INC
Address
3401 Florence Cir
State
Georgia
ZIP Code
30127-6025
Business Type
Corporation
Industry (NAICS)
Manufacturing (333120)
Business Age
Existing or more than 2 years old
Jobs Reported
115
Estimated Revenue
$30.1M
Rural/Urban
Urban
Congressional District
GA-14

Loan Use Breakdown

Payroll
$976,050
Rent
$162,675
Utilities
$162,675

Lender Information

Servicing Lender
Georgia's Own Credit Union
Originating Lender
Vinings Bank

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