PPP Loan information for Grasser electric corporation

$904,200

Grasser electric corporation was initially approved for PPP Loan of amount $904,200, the current approved amount is $904,200. The loan was approved on 04/06/2020 by The Simmons Bank reported 49 jobs and $904,200 was used to fund payroll.

Grasser electric corporation is Existing or more than 2 years old

PPP Loan Search / MO / SAINT PETERS / Grasser electric corporation

GRASSER ELECTRIC CORPORATION

Date Approved

04/06/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

GRASSER ELECTRIC CORPORATION

Borrower Address

60 Boone Hills Dr

Borrower City

SAINT PETERS

Borrower State

MO

Borrower Zip

63376-2409

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

904200.00

Current Approval Amount

904200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4679

Servicing Lender Name

Simmons Bank

Servicing Lender Address

501 Main St

Servicing Lender City

PINE BLUFF

Servicing Lender State

AR

Servicing Lender Zip

71601-4327

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT PETERS

Project County Name

SAINT CHARLES

Project State

MO

Project Zip

63376-2409

CD

MO-03

Jobs Reported

49

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

904200.00

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

Corporation

Originating Lender Location Id

4679

Originating Lender

Simmons Bank

Originating Lender City

PINE BLUFF

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

909851.25

Forgiveness Date

11/25/2020

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