PPP Loan information for Grove tools, inc.

$105,300

Grove tools, inc. was initially approved for PPP Loan of amount $105,300, the current approved amount is $105,300. The loan was approved on 04/15/2020 by The MidWestOne Bank reported 8 jobs and $105,300 was used to fund payroll.

Grove tools, inc. is Existing or more than 2 years old

GROVE TOOLS, INC.

Date Approved

04/15/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

GROVE TOOLS, INC.

Borrower Address

3230 Dodge Street

Borrower City

DUBUQUE

Borrower State

IA

Borrower Zip

52003

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

105300.00

Current Approval Amount

105300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DUBUQUE

Project County Name

DUBUQUE

Project State

IA

Project Zip

52003-0200

CD

IA-02

Jobs Reported

8

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6581.25

Payroll Proceed

78975.00

Mortgage Interest Proceed

6581.25

Rent Proceed

6581.25

Refinance EIDL Proceed

6581.25

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

106341.30

Forgiveness Date

04/14/2021

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