PPP Loan information for Grace food distribution inc.

$229,492

Grace food distribution inc. was initially approved for PPP Loan of amount $229,492, the current approved amount is $229,492. The loan was approved on 02/23/2021 by The First Horizon Bank reported 61 jobs and $229,492 was used to fund payroll.

Grace food distribution inc. is Existing or more than 2 years old

GRACE FOOD DISTRIBUTION INC.

Date Approved

02/23/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

GRACE FOOD DISTRIBUTION INC.

Borrower Address

3650 Shattalon Enterprise Ln

Borrower City

Winston Salem

Borrower State

NC

Borrower Zip

27105-1484

Loan Status Date

12/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

229492.00

Current Approval Amount

229492.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Winston Salem

Project County Name

FORSYTH

Project State

NC

Project Zip

27105-1484

CD

NC-05

Jobs Reported

61

NAICS Code

424990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

229488.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

231149.44

Forgiveness Date

11/16/2021

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