PPP Loan information for Grimes ace hardware company

$733,100

Grimes ace hardware company was initially approved for PPP Loan of amount $733,100, the current approved amount is $733,100. The loan was approved on 04/07/2020 by The Peoples Bank reported 138 jobs and $733,100 was used to fund payroll.

Grimes ace hardware company is Existing or more than 2 years old

GRIMES ACE HARDWARE COMPANY

Date Approved

04/07/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

GRIMES ACE HARDWARE COMPANY

Borrower Address

11 N. GRAND AVE

Borrower City

FAIRBORN

Borrower State

OH

Borrower Zip

45324-5032

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

733100.00

Current Approval Amount

733100.00

Undisbursed Amount

0.00

Franchise Name

Ace Hardware

Servicing Lender Location Id

57732

Servicing Lender Name

Peoples Bank

Servicing Lender Address

138 Putnam St

Servicing Lender City

MARIETTA

Servicing Lender State

OH

Servicing Lender Zip

45750-2923

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FAIRBORN

Project County Name

GREENE

Project State

OH

Project Zip

45324-5032

CD

OH-10

Jobs Reported

138

NAICS Code

444130

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

549825.00

Mortgage Interest Proceed

0.00

Rent Proceed

183275.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

57732

Originating Lender

Peoples Bank

Originating Lender City

MARIETTA

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

737804.06

Forgiveness Date

12/09/2020

;