GSM SYSTEMS, INC. (DE) - 2020 PPP Loan Borrower Profile (# 9938297710)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to GSM SYSTEMS, INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Delaware.

Loan Detail

Loan Number
9938297710
SBA Office Code
0341
Processing Method
PPP
Curent Loan Amount
$87,200
Date Loan was Approved
May 1, 2020
Amount Forgiven
$87,822.51
Date Loan was Forgiven
Feb 23, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
87,200
Lender
Newtek Small Business Finance, Inc.

Business Detail

Business Type
Subchapter S Corporation
NAICS
561320
Borrower Location
Viola, DE
Project Location
Viola, DE
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
6
Business Age Description
Existing or more than 2 years old
Data Source: SBA.