PPP Loan information for Grassco, inc.

$390,300

Grassco, inc. was initially approved for PPP Loan of amount $390,300, the current approved amount is $390,300. The loan was approved on 04/10/2020 by The First Merchants Bank reported 74 jobs and $390,300 was used to fund payroll.

Grassco, inc. is Existing or more than 2 years old

PPP Loan Search / IN / FORT WAYNE / Grassco, inc.

GRASSCO, INC.

Date Approved

04/10/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

GRASSCO, INC.

Borrower Address

4121 HILLEGAS RD

Borrower City

FORT WAYNE

Borrower State

IN

Borrower Zip

46808-1359

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

390300.00

Current Approval Amount

390300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FORT WAYNE

Project County Name

ALLEN

Project State

IN

Project Zip

46808-1359

CD

IN-03

Jobs Reported

74

NAICS Code

812320

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

390300.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

392802.20

Forgiveness Date

12/08/2020

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