PPP Loan information for Grasso construction co., inc.

$85,000

Grasso construction co., inc. was initially approved for PPP Loan of amount $85,000, the current approved amount is $85,000. The loan was approved on 04/27/2020 by The American Express National Bank reported 6 jobs and $85,000 was used to fund payroll.

Grasso construction co., inc. is Existing or more than 2 years old

GRASSO CONSTRUCTION CO., INC.

Date Approved

04/27/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

GRASSO CONSTRUCTION CO., INC.

Borrower Address

865 Turnpike Street

Borrower City

North Andover

Borrower State

MA

Borrower Zip

01845

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

85000.00

Current Approval Amount

85000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

113190

Servicing Lender Name

American Express National Bank

Servicing Lender Address

115 West Towne Ridge Parkway

Servicing Lender City

Sandy

Servicing Lender State

UT

Servicing Lender Zip

84070

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Andover

Project County Name

ESSEX

Project State

MA

Project Zip

01845-0001

CD

MA-06

Jobs Reported

6

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

85000.00

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

113190

Originating Lender

American Express National Bank

Originating Lender City

Sandy

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

85801.10

Forgiveness Date

04/22/2021

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