PPP Loan information for Grace restaurant inc

$68,300

Grace restaurant inc was initially approved for PPP Loan of amount $48,800, the current approved amount is $68,300. The loan was approved on 01/30/2021 by The Legacy Bank reported 6 jobs and $68,300 was used to fund payroll.

Grace restaurant inc is Existing or more than 2 years old

GRACE RESTAURANT INC

Date Approved

01/30/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

GRACE RESTAURANT INC

Borrower Address

1235 N Mount Juliet Rd

Borrower City

Mt Juliet

Borrower State

TN

Borrower Zip

37122-3314

Loan Status Date

11/03/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

48800.00

Current Approval Amount

68300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58771

Servicing Lender Name

Legacy Bank

Servicing Lender Address

101 W Main St

Servicing Lender City

HINTON

Servicing Lender State

OK

Servicing Lender Zip

73047

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mt Juliet

Project County Name

WILSON

Project State

TN

Project Zip

37122-3314

CD

TN-06

Jobs Reported

6

NAICS Code

722511

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

68297.00

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

Corporation

Originating Lender Location Id

58771

Originating Lender

Legacy Bank

Originating Lender City

HINTON

Originating Lender State

OK

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

68622.54

Forgiveness Date

10/06/2021

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