PPP Loan information for Grits marketing inc

$54,410

Grits marketing inc was initially approved for PPP Loan of amount $54,410, the current approved amount is $54,410. The loan was approved on 04/28/2020 by The Mid Penn Bank reported 22 jobs and $54,410 was used to fund payroll.

Grits marketing inc is Existing or more than 2 years old

GRITS MARKETING INC

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

GRITS MARKETING INC

Borrower Address

405 E. Dixie Drive Suite J

Borrower City

Asheboro

Borrower State

NC

Borrower Zip

27203

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

54410.00

Current Approval Amount

54410.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

61087

Servicing Lender Name

Mid Penn Bank

Servicing Lender Address

349 Union St

Servicing Lender City

MILLERSBURG

Servicing Lender State

PA

Servicing Lender Zip

17061-1611

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Asheboro

Project County Name

RANDOLPH

Project State

NC

Project Zip

27203-0001

CD

NC-13

Jobs Reported

22

NAICS Code

541613

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

54410.00

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

61087

Originating Lender

Mid Penn Bank

Originating Lender City

MILLERSBURG

Originating Lender State

PA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

54903.42

Forgiveness Date

04/01/2021

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