PPP Loan information for Gracon inc

$795,700

Gracon inc was initially approved for PPP Loan of amount $795,700, the current approved amount is $795,700. The loan was approved on 04/06/2020 by The FNBC Bank reported 135 jobs and $795,700 was used to fund payroll.

Gracon inc is Existing or more than 2 years old

PPP Loan Search / AR / MOUNTAIN HOME / Gracon inc

GRACON INC

Date Approved

04/06/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

GRACON INC

Borrower Address

358 HIGHWAY 5 NORTH

Borrower City

MOUNTAIN HOME

Borrower State

AR

Borrower Zip

72653-3039

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

795700.00

Current Approval Amount

795700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4099

Servicing Lender Name

FNBC Bank

Servicing Lender Address

636 Ash Flat Dr

Servicing Lender City

ASH FLAT

Servicing Lender State

AR

Servicing Lender Zip

72513-9428

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNTAIN HOME

Project County Name

BAXTER

Project State

AR

Project Zip

72653-3039

CD

AR-01

Jobs Reported

135

NAICS Code

621610

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

795700.00

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

Cooperative

Originating Lender Location Id

4099

Originating Lender

FNBC Bank

Originating Lender City

ASH FLAT

Originating Lender State

AR

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

799482.92

Forgiveness Date

11/05/2020

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