PPP Loan information for Grace abbey community development corporation

$40,000

Grace abbey community development corporation was initially approved for PPP Loan of amount $40,000, the current approved amount is $40,000. The loan was approved on 02/01/2021 by The MVB Bank, Inc. reported 8 jobs and $40,000 was used to fund payroll.

Grace abbey community development corporation is Existing or more than 2 years old

GRACE ABBEY COMMUNITY DEVELOPMENT CORPORATION

Date Approved

02/01/2021

SBA Office Code

0610

Processing Method

PPP

Borrower Name

GRACE ABBEY COMMUNITY DEVELOPMENT CORPORATION

Borrower Address

1305 TX 121 BUS #190

Borrower City

Lewisville

Borrower State

TX

Borrower Zip

75067

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40000.00

Current Approval Amount

40000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123130

Servicing Lender Name

MVB Bank, Inc.

Servicing Lender Address

301 Virginia Ave

Servicing Lender City

FAIRMONT

Servicing Lender State

WV

Servicing Lender Zip

26554-2777

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lewisville

Project County Name

DENTON

Project State

TX

Project Zip

75067

CD

TX-26

Jobs Reported

8

NAICS Code

624190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

40000.00

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

501(c)3 – Non Profit

Originating Lender Location Id

123130

Originating Lender

MVB Bank, Inc.

Originating Lender City

FAIRMONT

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

40253.33

Forgiveness Date

09/28/2021

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