PPP Loan information for Gro-rite inc.

$130,000

Gro-rite inc. was initially approved for PPP Loan of amount $130,000, the current approved amount is $130,000. The loan was approved on 03/31/2021 by The Manufacturers and Traders Trust Company reported 30 jobs and $130,000 was used to fund payroll.

Gro-rite inc. is Existing or more than 2 years old

PPP Loan Search / NJ / Lincoln Park / Gro-rite inc.

GRO-RITE INC.

Date Approved

03/31/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

GRO-RITE INC.

Borrower Address

30 Hillview Rd

Borrower City

Lincoln Park

Borrower State

NJ

Borrower Zip

07035-1416

Loan Status Date

02/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

130000.00

Current Approval Amount

130000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lincoln Park

Project County Name

MORRIS

Project State

NJ

Project Zip

07035-1416

CD

NJ-11

Jobs Reported

30

NAICS Code

444220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

130000.00

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

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

130954.52

Forgiveness Date

01/03/2022

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