Date Approved
04/14/2020
SBA Office Code
0459
Processing Method
PPP
Borrower Name
GROUT, INC
Borrower Address
8782 COUNTY ROAD 26
Borrower City
HOPE HULL
Borrower State
AL
Borrower Zip
36043-6209
Loan Status Date
07/10/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
222500.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
434138
Servicing Lender Name
ServisFirst Bank
Servicing Lender Address
2500 Woodcrest Place
Servicing Lender City
BIRMINGHAM
Servicing Lender State
Servicing Lender Zip
35209-1374
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
LOWNDES
Project State
Project Zip
CD
AL-07
Jobs Reported
25
NAICS Code
212321
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
11125.00
Payroll Proceed
166875.00
Mortgage Interest Proceed
Rent Proceed
44500.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
225213.26
Forgiveness Date
06/29/2021