PPP Loan information for Grasche usa inc

$457,759

Grasche usa inc was initially approved for PPP Loan of amount $457,759, the current approved amount is $457,759. The loan was approved on 04/09/2020 by The First Horizon Bank reported 40 jobs and $457,759 was used to fund payroll.

Grasche usa inc is Existing or more than 2 years old

PPP Loan Search / NC / HICKORY / Grasche usa inc

GRASCHE USA INC

Date Approved

04/09/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

GRASCHE USA INC

Borrower Address

240 PERFORMANCE DR

Borrower City

HICKORY

Borrower State

NC

Borrower Zip

28602-4045

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

457759.00

Current Approval Amount

457759.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HICKORY

Project County Name

CATAWBA

Project State

NC

Project Zip

28602-4045

CD

NC-10

Jobs Reported

40

NAICS Code

333517

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

20000.00

Payroll Proceed

417759.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

20000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

462501.89

Forgiveness Date

05/04/2021

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