PPP Loan information for Griggs steel company

$510,400

Griggs steel company was initially approved for PPP Loan of amount $510,400, the current approved amount is $510,400. The loan was approved on 04/06/2020 by The Comerica Bank reported 30 jobs and $510,400 was used to fund payroll.

Griggs steel company is Existing or more than 2 years old

GRIGGS STEEL COMPANY

Date Approved

04/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

GRIGGS STEEL COMPANY

Borrower Address

1200 SOUTER DR

Borrower City

TROY

Borrower State

MI

Borrower Zip

48083-2837

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

510400.00

Current Approval Amount

510400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

TROY

Project County Name

OAKLAND

Project State

MI

Project Zip

48083-2837

CD

MI-11

Jobs Reported

30

NAICS Code

423510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

408378.00

Mortgage Interest Proceed

102022.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

515872.62

Forgiveness Date

05/12/2021

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