PPP Loan information for Grayco electrical inc.

$310,700

Grayco electrical inc. was initially approved for PPP Loan of amount $310,700, the current approved amount is $310,700. The loan was approved on 04/09/2020 by The Legacy State Bank reported 18 jobs and $310,700 was used to fund payroll.

Grayco electrical inc. is Existing or more than 2 years old

GRAYCO ELECTRICAL INC.

Date Approved

04/09/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

GRAYCO ELECTRICAL INC.

Borrower Address

2678 BRICKTON NORTH DRIVE

Borrower City

BUFORD

Borrower State

GA

Borrower Zip

30518-3568

Loan Status Date

11/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

310700.00

Current Approval Amount

310700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

433859

Servicing Lender Name

Legacy State Bank

Servicing Lender Address

3825 Harrison Rd

Servicing Lender City

LOGANVILLE

Servicing Lender State

GA

Servicing Lender Zip

30052-2462

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BUFORD

Project County Name

GWINNETT

Project State

GA

Project Zip

30518-3568

CD

GA-09

Jobs Reported

18

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

310700.00

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

433859

Originating Lender

Legacy State Bank

Originating Lender City

LOGANVILLE

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

312452.00

Forgiveness Date

11/05/2020

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