PPP Loan information for Grace points inc

$114,523

Grace points inc was initially approved for PPP Loan of amount $114,523, the current approved amount is $114,523. The loan was approved on 03/26/2021 by The CBW Bank reported 28 jobs and $114,523 was used to fund payroll.

Grace points inc is Existing or more than 2 years old

GRACE POINTS INC

Date Approved

03/26/2021

SBA Office Code

0515

Processing Method

PPP

Borrower Name

GRACE POINTS INC

Borrower Address

835 Mason St Ste D160

Borrower City

Dearborn

Borrower State

MI

Borrower Zip

48124-2257

Loan Status Date

03/30/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

114522.72

Current Approval Amount

114522.72

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

26651

Servicing Lender Name

CBW Bank

Servicing Lender Address

109 E Main St

Servicing Lender City

WEIR

Servicing Lender State

KS

Servicing Lender Zip

66781-4344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Dearborn

Project County Name

WAYNE

Project State

MI

Project Zip

48124-2257

CD

MI-12

Jobs Reported

28

NAICS Code

525920

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

114521.72

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

Subchapter S Corporation

Originating Lender Location Id

26651

Originating Lender

CBW Bank

Originating Lender City

WEIR

Originating Lender State

KS

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

114930.61

Forgiveness Date

08/10/2021

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