PPP Loan information for Grassco inc

$396,296

Grassco inc was initially approved for PPP Loan of amount $396,296, the current approved amount is $396,296. The loan was approved on 03/12/2021 by The First Merchants Bank reported 77 jobs and $396,296 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

03/12/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

GRASSCO INC

Borrower Address

4121 Hillegas Rd

Borrower City

Fort Wayne

Borrower State

IN

Borrower Zip

46808-1359

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

396296.22

Current Approval Amount

396296.22

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

77

NAICS Code

812320

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

396293.22

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

399857.46

Forgiveness Date

02/08/2022

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