PPP Loan information for Grove foods distributors inc

$188,049

Grove foods distributors inc was initially approved for PPP Loan of amount $188,049, the current approved amount is $188,049. The loan was approved on 04/28/2020 by The Valley National Bank reported 25 jobs and $188,049 was used to fund payroll.

Grove foods distributors inc is Existing or more than 2 years old

PPP Loan Search / NJ / Fairfield / Grove foods distributors inc

GROVE FOODS DISTRIBUTORS INC

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

GROVE FOODS DISTRIBUTORS INC

Borrower Address

3 Edison Pl

Borrower City

Fairfield

Borrower State

NJ

Borrower Zip

07004

Loan Status Date

05/11/2022

Loan Status

Paid in Full

Term

35

SBA Guaranty Percentage

100

Initial Approval Amount

188049.00

Current Approval Amount

188049.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fairfield

Project County Name

ESSEX

Project State

NJ

Project Zip

07004-0011

CD

NJ-11

Jobs Reported

25

NAICS Code

424410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

188049.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

191663.72

Forgiveness Date

03/31/2022

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