PPP Loan information for Nickgrace inc

$540,000

Nickgrace inc was initially approved for PPP Loan of amount $540,000, the current approved amount is $540,000. The loan was approved on 01/25/2021 by The First Merchants Bank reported 37 jobs and $540,000 was used to fund payroll.

Nickgrace inc is Existing or more than 2 years old

PPP Loan Search / MI / Ann Arbor / Nickgrace inc

NICKGRACE INC

Date Approved

01/25/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

NICKGRACE INC

Borrower Address

1995 Highland Dr Ste C

Borrower City

Ann Arbor

Borrower State

MI

Borrower Zip

48108-2284

Loan Status Date

01/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

540000.00

Current Approval Amount

540000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ann Arbor

Project County Name

WASHTENAW

Project State

MI

Project Zip

48108-2284

CD

MI-06

Jobs Reported

37

NAICS Code

561439

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

539996.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

544970.96

Forgiveness Date

12/29/2021

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