PPP Loan information for Grace label co., inc.

$507,800

Grace label co., inc. was initially approved for PPP Loan of amount $507,800, the current approved amount is $507,800. The loan was approved on 04/06/2020 by The First National Bank Ames, Iowa reported 43 jobs and $507,800 was used to fund payroll.

Grace label co., inc. is Existing or more than 2 years old

PPP Loan Search / IA / DES MOINES / Grace label co., inc.

GRACE LABEL CO., INC.

Date Approved

04/06/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

GRACE LABEL CO., INC.

Borrower Address

6201 WATROUS AVE

Borrower City

DES MOINES

Borrower State

IA

Borrower Zip

50321-9658

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

507800.00

Current Approval Amount

507800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24544

Servicing Lender Name

First National Bank Ames, Iowa

Servicing Lender Address

405 5th St

Servicing Lender City

AMES

Servicing Lender State

IA

Servicing Lender Zip

50010-6103

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DES MOINES

Project County Name

POLK

Project State

IA

Project Zip

50321-9658

CD

IA-03

Jobs Reported

43

NAICS Code

323111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

63475.00

Payroll Proceed

380850.00

Mortgage Interest Proceed

63475.00

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

24544

Originating Lender

First National Bank Ames, Iowa

Originating Lender City

AMES

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

510902.45

Forgiveness Date

11/19/2020

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