PPP Loan information for Groff metal industries inc

$27,442

Groff metal industries inc was initially approved for PPP Loan of amount $77,442, the current approved amount is $27,442. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 3 jobs and $27,442 was used to fund payroll.

Groff metal industries inc is New Business or 2 years or less

GROFF METAL INDUSTRIES INC

Date Approved

05/01/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

GROFF METAL INDUSTRIES INC

Borrower Address

1907 8TH AVE N

Borrower City

LAKE WORTH

Borrower State

FL

Borrower Zip

33461

Loan Status Date

04/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

77442.00

Current Approval Amount

27442.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

LAKE WORTH

Project County Name

PALM BEACH

Project State

FL

Project Zip

33461-0900

CD

FL-22

Jobs Reported

3

NAICS Code

561990

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

2500.00

Payroll Proceed

10977.00

Mortgage Interest Proceed

0.00

Rent Proceed

13965.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

27686.28

Forgiveness Date

03/25/2021

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