PPP Loan information for Grindco, inc

$657,200

Grindco, inc was initially approved for PPP Loan of amount $657,200, the current approved amount is $657,200. The loan was approved on 04/10/2020 by The 1st Source Bank reported 45 jobs and $657,200 was used to fund payroll.

Grindco, inc is Existing or more than 2 years old

PPP Loan Search / IN / CHESTERTON / Grindco, inc

GRINDCO, INC

Date Approved

04/10/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

GRINDCO, INC

Borrower Address

288 W 1050 N

Borrower City

CHESTERTON

Borrower State

IN

Borrower Zip

46304-8806

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

657200.00

Current Approval Amount

657200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24195

Servicing Lender Name

1st Source Bank

Servicing Lender Address

100 N Michigan St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1630

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHESTERTON

Project County Name

PORTER

Project State

IN

Project Zip

46304-8806

CD

IN-01

Jobs Reported

45

NAICS Code

333514

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

657200.00

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

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

661891.68

Forgiveness Date

12/30/2020

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