PPP Loan information for L. grasse & associates inc.

$515,000

L. grasse & associates inc. was initially approved for PPP Loan of amount $515,000, the current approved amount is $515,000. The loan was approved on 04/06/2020 by The Montgomery Bank reported 24 jobs and $515,000 was used to fund payroll.

L. grasse & associates inc. is Existing or more than 2 years old

L. GRASSE & ASSOCIATES INC.

Date Approved

04/06/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

L. GRASSE & ASSOCIATES INC.

Borrower Address

1940 S. KINGSHIGHWAY BLVD

Borrower City

SAINT LOUIS

Borrower State

MO

Borrower Zip

63110-3214

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

515000.00

Current Approval Amount

515000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41423

Servicing Lender Name

Montgomery Bank

Servicing Lender Address

One Montgomery Bank Plz

Servicing Lender City

SIKESTON

Servicing Lender State

MO

Servicing Lender Zip

63801-3069

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SAINT LOUIS

Project County Name

SAINT LOUIS CITY

Project State

MO

Project Zip

63110-3214

CD

MO-01

Jobs Reported

24

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

64375.00

Payroll Proceed

386250.00

Mortgage Interest Proceed

0.00

Rent Proceed

64375.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

41423

Originating Lender

Montgomery Bank

Originating Lender City

SIKESTON

Originating Lender State

MO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

508086.11

Forgiveness Date

11/23/2020

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