PPP Loan information for Grace schools

$2,523,200

Grace schools was initially approved for PPP Loan of amount $2,860,800, the current approved amount is $2,523,200. The loan was approved on 04/09/2020 by The 1st Source Bank reported 317 jobs and $2,523,200 was used to fund payroll.

Grace schools is Existing or more than 2 years old

PPP Loan Search / IN / WINONA LAKE / Grace schools

GRACE SCHOOLS

Date Approved

04/09/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

GRACE SCHOOLS

Borrower Address

200 Seminary Drive

Borrower City

WINONA LAKE

Borrower State

IN

Borrower Zip

46590-1224

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2860800.00

Current Approval Amount

2523200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24195

Servicing Lender Name

1st Source Bank

Servicing Lender Address

100 N Michigan St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1630

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WINONA LAKE

Project County Name

KOSCIUSKO

Project State

IN

Project Zip

46590-1224

CD

IN-02

Jobs Reported

317

NAICS Code

611310

Race

Black or African American

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2523200.00

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

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2551936.44

Forgiveness Date

06/02/2021

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