PPP Loan information for Grace outreach center

$288,500

Grace outreach center was initially approved for PPP Loan of amount $288,500, the current approved amount is $288,500. The loan was approved on 04/07/2020 by The Prosperity Bank reported 40 jobs and $288,500 was used to fund payroll.

Grace outreach center is Existing or more than 2 years old

GRACE OUTREACH CENTER

Date Approved

04/07/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

GRACE OUTREACH CENTER

Borrower Address

5000 WEST PARKER RD

Borrower City

PLANO

Borrower State

TX

Borrower Zip

75093-7500

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

288500.00

Current Approval Amount

288500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

69819

Servicing Lender Name

Prosperity Bank

Servicing Lender Address

1301 N Mechanic

Servicing Lender City

El Campo

Servicing Lender State

TX

Servicing Lender Zip

77437

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PLANO

Project County Name

COLLIN

Project State

TX

Project Zip

75093-7500

CD

TX-03

Jobs Reported

40

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

288500.00

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

Non-Profit Organization

Originating Lender Location Id

69819

Originating Lender

Prosperity Bank

Originating Lender City

El Campo

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

290088.73

Forgiveness Date

11/03/2020

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