PPP Loan information for Gra-mac distributing co

$50,200

Gra-mac distributing co was initially approved for PPP Loan of amount $50,200, the current approved amount is $50,200. The loan was approved on 04/15/2020 by The Skyline National Bank reported 5 jobs and $50,200 was used to fund payroll.

Gra-mac distributing co is Existing or more than 2 years old

GRA-MAC DISTRIBUTING CO

Date Approved

04/15/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

GRA-MAC DISTRIBUTING CO

Borrower Address

2310 NC HIGHWAY 801 N

Borrower City

MOCKSVILLE

Borrower State

NC

Borrower Zip

27028-7737

Loan Status Date

04/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50200.00

Current Approval Amount

50200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73473

Servicing Lender Name

Skyline National Bank

Servicing Lender Address

113 W Main St

Servicing Lender City

INDEPENDENCE

Servicing Lender State

VA

Servicing Lender Zip

24348

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOCKSVILLE

Project County Name

DAVIE

Project State

NC

Project Zip

27028-7737

CD

NC-05

Jobs Reported

5

NAICS Code

221310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

12550.00

Payroll Proceed

37650.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

73473

Originating Lender

Skyline National Bank

Originating Lender City

INDEPENDENCE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

49362.13

Forgiveness Date

12/28/2020

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