PPP Loan information for Grace logistics, llc

$152,500

Grace logistics, llc was initially approved for PPP Loan of amount $152,500, the current approved amount is $152,500. The loan was approved on 04/07/2020 by The United Community Bank reported 16 jobs and $152,500 was used to fund payroll.

Grace logistics, llc is Existing or more than 2 years old

PPP Loan Search / AL / MUSCLE SHOALS / Grace logistics, llc

GRACE LOGISTICS, LLC

Date Approved

04/07/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

GRACE LOGISTICS, LLC

Borrower Address

338 East WASHINGTON DR

Borrower City

MUSCLE SHOALS

Borrower State

AL

Borrower Zip

35661-2798

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

152500.00

Current Approval Amount

152500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MUSCLE SHOALS

Project County Name

COLBERT

Project State

AL

Project Zip

35661-2798

CD

AL-04

Jobs Reported

16

NAICS Code

484110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2500.00

Payroll Proceed

145000.00

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

153359.93

Forgiveness Date

11/05/2020

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