PPP Loan information for Grace chapel inc

$988,100

Grace chapel inc was initially approved for PPP Loan of amount $988,100, the current approved amount is $988,100. The loan was approved on 04/04/2020 by The Cass Commercial Bank reported 64 jobs and $988,100 was used to fund payroll.

Grace chapel inc is Existing or more than 2 years old

GRACE CHAPEL INC

Date Approved

04/04/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

GRACE CHAPEL INC

Borrower Address

3 MILITIA DR

Borrower City

LEXINGTON

Borrower State

MA

Borrower Zip

02421-4700

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

988100.00

Current Approval Amount

988100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41291

Servicing Lender Name

Cass Commercial Bank

Servicing Lender Address

12412 Powerscourt Dr, Ste 175

Servicing Lender City

SAINT LOUIS

Servicing Lender State

MO

Servicing Lender Zip

63131-3659

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LEXINGTON

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02421-4700

CD

MA-05

Jobs Reported

64

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

988100.00

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

Non-Profit Organization

Originating Lender Location Id

41291

Originating Lender

Cass Commercial Bank

Originating Lender City

SAINT LOUIS

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

993616.89

Forgiveness Date

11/03/2020

;