PPP Loan information for Grand bk corp

$1,242,000

Grand bk corp was initially approved for PPP Loan of amount $1,630,500, the current approved amount is $1,242,000. The loan was approved on 04/15/2020 by The Bank of Hope reported 136 jobs and $1,242,000 was used to fund payroll.

Grand bk corp is Existing or more than 2 years old

GRAND BK CORP

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

GRAND BK CORP

Borrower Address

333 STARKE RD

Borrower City

CARLSTADT

Borrower State

NJ

Borrower Zip

07072-2109

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1630500.00

Current Approval Amount

1242000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

110359

Servicing Lender Name

Bank of Hope

Servicing Lender Address

3200 Wilshire Blvd 1st Fl

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90010

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CARLSTADT

Project County Name

BERGEN

Project State

NJ

Project Zip

07072-2109

CD

NJ-09

Jobs Reported

136

NAICS Code

424490

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1242000.00

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

110359

Originating Lender

Bank of Hope

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1257244.27

Forgiveness Date

07/19/2021

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