PPP Loan information for Grid controls llc

$27,550

Grid controls llc was initially approved for PPP Loan of amount $27,550, the current approved amount is $27,550. The loan was approved on 04/06/2020 by The Loan Source Incorporated reported 3 jobs and $27,550 was used to fund payroll.

Grid controls llc is New Business or 2 years or less

GRID CONTROLS LLC

Date Approved

04/06/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

GRID CONTROLS LLC

Borrower Address

356 Lexington Dr.

Borrower City

BUFFALO GROVE

Borrower State

IL

Borrower Zip

60089-6933

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

27550.00

Current Approval Amount

27550.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

BUFFALO GROVE

Project County Name

LAKE

Project State

IL

Project Zip

60089-6933

CD

IL-10

Jobs Reported

3

NAICS Code

326199

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2000.00

Payroll Proceed

19750.00

Mortgage Interest Proceed

1000.00

Rent Proceed

4800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Partnership

Originating Lender Location Id

36581

Originating Lender

Stearns Bank National Association

Originating Lender City

SAINT CLOUD

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

27818.71

Forgiveness Date

04/08/2021

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