PPP Loan information for Grace food distribution, inc.

$229,493

Grace food distribution, inc. was initially approved for PPP Loan of amount $229,493, the current approved amount is $229,493. The loan was approved on 04/27/2020 by The First Horizon Bank reported 61 jobs and $229,493 was used to fund payroll.

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

PPP Loan Search / NC / WINSTON SALEM / Grace food distribution, inc.

GRACE FOOD DISTRIBUTION, INC.

Date Approved

04/27/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

GRACE FOOD DISTRIBUTION, INC.

Borrower Address

5646 SHATTALON DR

Borrower City

WINSTON SALEM

Borrower State

NC

Borrower Zip

27105-1331

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

229493.00

Current Approval Amount

229493.00

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

27105-1331

CD

NC-05

Jobs Reported

61

NAICS Code

424990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4493.00

Payroll Proceed

185000.00

Mortgage Interest Proceed

0.00

Rent Proceed

40000.00

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

232113.05

Forgiveness Date

06/24/2021

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