PPP Loan information for Grimes and grainger llc

$327,500

Grimes and grainger llc was initially approved for PPP Loan of amount $327,500, the current approved amount is $327,500. The loan was approved on 04/06/2020 by The Cadence Bank reported 50 jobs and $327,500 was used to fund payroll.

Grimes and grainger llc is Existing or more than 2 years old

GRIMES AND GRAINGER LLC

Date Approved

04/06/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

GRIMES AND GRAINGER LLC

Borrower Address

2904 LINDEN AVE

Borrower City

BIRMINGHAM

Borrower State

AL

Borrower Zip

35209-2516

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

327500.00

Current Approval Amount

327500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BIRMINGHAM

Project County Name

JEFFERSON

Project State

AL

Project Zip

35209-2516

CD

AL-07

Jobs Reported

50

NAICS Code

812111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

327500.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

319237.43

Forgiveness Date

11/10/2020

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