PPP Loan information for Grieco hyundai, llc

$527,400

Grieco hyundai, llc was initially approved for PPP Loan of amount $412,500, the current approved amount is $527,400. The loan was approved on 04/03/2020 by The Mechanics Cooperative Bank reported 60 jobs and $527,400 was used to fund payroll.

Grieco hyundai, llc is New Business or 2 years or less

GRIECO HYUNDAI, LLC

Date Approved

04/03/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

GRIECO HYUNDAI, LLC

Borrower Address

1890 HARTFORD AVE

Borrower City

JOHNSTON

Borrower State

RI

Borrower Zip

02919-3243

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

412500.00

Current Approval Amount

527400.00

Undisbursed Amount

0.00

Franchise Name

Hyundai Motor America - Dealer Sales and Service Agreement

Servicing Lender Location Id

89240

Servicing Lender Name

Mechanics Cooperative Bank

Servicing Lender Address

308 Bay St

Servicing Lender City

TAUNTON

Servicing Lender State

MA

Servicing Lender Zip

02780-1834

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

JOHNSTON

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02919-3243

CD

RI-02

Jobs Reported

60

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

20000.00

Payroll Proceed

477400.00

Mortgage Interest Proceed

0.00

Rent Proceed

30000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

89240

Originating Lender

Mechanics Cooperative Bank

Originating Lender City

TAUNTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

532102.65

Forgiveness Date

03/01/2021

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