PPP Loan information for Grinding acres llc

$248,096

Grinding acres llc was initially approved for PPP Loan of amount $248,096, the current approved amount is $248,096. The loan was approved on 03/20/2021 by The Penn Community Bank reported 17 jobs and $248,096 was used to fund payroll.

Grinding acres llc is Existing or more than 2 years old

PPP Loan Search / PA / New Hope / Grinding acres llc

GRINDING ACRES LLC

Date Approved

03/20/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

GRINDING ACRES LLC

Borrower Address

5279 Ridge Rd

Borrower City

New Hope

Borrower State

PA

Borrower Zip

18938-5414

Loan Status Date

05/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

248096.27

Current Approval Amount

248096.27

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

87093

Servicing Lender Name

Penn Community Bank

Servicing Lender Address

3969 Durham Rd

Servicing Lender City

DOYLESTOWN

Servicing Lender State

PA

Servicing Lender Zip

18902-1326

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New Hope

Project County Name

BUCKS

Project State

PA

Project Zip

18938-5414

CD

PA-01

Jobs Reported

17

NAICS Code

321999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

248096.27

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

Limited Liability Company(LLC)

Originating Lender Location Id

87093

Originating Lender

Penn Community Bank

Originating Lender City

DOYLESTOWN

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

250852.90

Forgiveness Date

04/27/2022

;