Gulf Fastener INC

$612,400 PPP Loan in Mobile, Alabama

Loan Details

Loan Number
7186657000
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$612,400
Current Approval
$612,400
Forgiveness Amount
$618,541
Forgiveness Date
Apr 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Gulf Fastener INC
Address
267 Bay Shore Ave
City
Mobile
State
Alabama
ZIP Code
36607-2068
Business Type
Corporation
Industry (NAICS)
Manufacturing (332722)
Business Age
Existing or more than 2 years old
Jobs Reported
33
Estimated Revenue
$8.1M
Rural/Urban
Urban
Congressional District
AL-01

Loan Use Breakdown

Payroll
$489,908
Rent
$16,600
Utilities
$16,879
Health Care
$46,013
Debt Interest
$43,000

Lender Information

Servicing Lender
Hancock Whitney Bank
Originating Lender
Hancock Whitney Bank

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