PPP Loan information for Grangel, inc.

$46,006

Grangel, inc. was initially approved for PPP Loan of amount $46,006, the current approved amount is $46,006. The loan was approved on 04/09/2020 by The Merchants & Farmers Bank & Trust Company reported 17 jobs and $46,006 was used to fund payroll.

Grangel, inc. is Existing or more than 2 years old

GRANGEL, INC.

Date Approved

04/09/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

GRANGEL, INC.

Borrower Address

99 E. Union St

Borrower City

LEESVILLE

Borrower State

LA

Borrower Zip

71446-3415

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

46006.00

Current Approval Amount

46006.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28364

Servicing Lender Name

Merchants & Farmers Bank & Trust Company

Servicing Lender Address

501 S Fifth St

Servicing Lender City

LEESVILLE

Servicing Lender State

LA

Servicing Lender Zip

71446-4435

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LEESVILLE

Project County Name

VERNON

Project State

LA

Project Zip

71446-3415

CD

LA-04

Jobs Reported

17

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4600.00

Payroll Proceed

0.00

Mortgage Interest Proceed

36805.00

Rent Proceed

4601.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

28364

Originating Lender

Merchants & Farmers Bank & Trust Company

Originating Lender City

LEESVILLE

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

36242.04

Forgiveness Date

12/09/2020

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