PPP Loan information for Grits grill

$124,393

Grits grill was initially approved for PPP Loan of amount $124,393, the current approved amount is $124,393. The loan was approved on 02/20/2021 by The TowneBank reported 20 jobs and $124,393 was used to fund payroll.

Grits grill is Existing or more than 2 years old

PPP Loan Search / NC / Nags Head / Grits grill

GRITS GRILL

Date Approved

02/20/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

GRITS GRILL

Borrower Address

5000 S Croatan Hwy

Borrower City

Nags Head

Borrower State

NC

Borrower Zip

27959-8500

Loan Status Date

05/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

124393.00

Current Approval Amount

124393.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Nags Head

Project County Name

DARE

Project State

NC

Project Zip

27959-8500

CD

NC-03

Jobs Reported

20

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

124393.00

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

Corporation

Originating Lender Location Id

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

125799.33

Forgiveness Date

04/14/2022

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