PPP Loan information for Grace engineering corp.

$876,525

Grace engineering corp. was initially approved for PPP Loan of amount $876,525, the current approved amount is $876,525. The loan was approved on 04/13/2020 by The Oxford Bank reported 89 jobs and $876,525 was used to fund payroll.

Grace engineering corp. is Existing or more than 2 years old

PPP Loan Search / MI / MEMPHIS / Grace engineering corp.

GRACE ENGINEERING CORP.

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

GRACE ENGINEERING CORP.

Borrower Address

34775 Potter St

Borrower City

MEMPHIS

Borrower State

MI

Borrower Zip

48041-4613

Loan Status Date

01/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

876525.35

Current Approval Amount

876525.35

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36206

Servicing Lender Name

Oxford Bank

Servicing Lender Address

60 S Washington St

Servicing Lender City

OXFORD

Servicing Lender State

MI

Servicing Lender Zip

48371-4972

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MEMPHIS

Project County Name

SAINT CLAIR

Project State

MI

Project Zip

48041-4613

CD

MI-09

Jobs Reported

89

NAICS Code

541330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

876525.35

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

36206

Originating Lender

Oxford Bank

Originating Lender City

OXFORD

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

871556.01

Forgiveness Date

11/20/2020

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