PPP Loan information for Grasso's service center, inc

$114,800

Grasso's service center, inc was initially approved for PPP Loan of amount $114,800, the current approved amount is $114,800. The loan was approved on 04/09/2020 by The BankNewport reported 12 jobs and $114,800 was used to fund payroll.

Grasso's service center, inc is Existing or more than 2 years old

GRASSO'S SERVICE CENTER, INC

Date Approved

04/09/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

GRASSO'S SERVICE CENTER, INC

Borrower Address

116 Hartford Ave

Borrower City

PROVIDENCE

Borrower State

RI

Borrower Zip

02909-3412

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

114800.00

Current Approval Amount

114800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65657

Servicing Lender Name

BankNewport

Servicing Lender Address

10 Washington Sq

Servicing Lender City

NEWPORT

Servicing Lender State

RI

Servicing Lender Zip

02840-2948

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PROVIDENCE

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02909-3412

CD

RI-02

Jobs Reported

12

NAICS Code

447110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

114800.00

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

65657

Originating Lender

BankNewport

Originating Lender City

NEWPORT

Originating Lender State

RI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

115963.73

Forgiveness Date

04/21/2021

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