Gipson Steel INC

$731,094 PPP Loan in Meridian, Mississippi

Loan Details

Loan Number
8617837003
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$731,094
Current Approval
$731,094
Forgiveness Amount
$737,083
Forgiveness Date
Feb 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Gipson Steel INC
Address
2770 Sellers Drive
ZIP Code
39301-1736
Business Type
Corporation
Industry (NAICS)
Manufacturing (332312)
Business Age
New Business or 2 years or less
Jobs Reported
65
Estimated Revenue
$15.9M
Rural/Urban
Rural
Congressional District
MS-03

Loan Use Breakdown

Payroll
$675,000
Rent
$30,000
Utilities
$26,094

Lender Information

Servicing Lender
Great Southern Bank
Originating Lender
Great Southern Bank

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