PPP Loan information for Graves fabricating inc

$238,127

Graves fabricating inc was initially approved for PPP Loan of amount $238,127, the current approved amount is $238,127. The loan was approved on 02/04/2021 by The Valley National Bank reported 36 jobs and $238,127 was used to fund payroll.

Graves fabricating inc is Existing or more than 2 years old

GRAVES FABRICATING INC

Date Approved

02/04/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

GRAVES FABRICATING INC

Borrower Address

70644 Highway 9

Borrower City

Goodwater

Borrower State

AL

Borrower Zip

35072-5873

Loan Status Date

04/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

238127.00

Current Approval Amount

238127.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Goodwater

Project County Name

CLAY

Project State

AL

Project Zip

35072-5873

CD

AL-03

Jobs Reported

36

NAICS Code

332999

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

238126.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

240660.41

Forgiveness Date

03/01/2022

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