PPP Loan information for Groce electric inc

$72,400

Groce electric inc was initially approved for PPP Loan of amount $72,400, the current approved amount is $72,400. The loan was approved on 04/08/2020 by The CedarStone Bank reported 7 jobs and $72,400 was used to fund payroll.

Groce electric inc is Existing or more than 2 years old

PPP Loan Search / TN / LEBANON / Groce electric inc

GROCE ELECTRIC INC

Date Approved

04/08/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

GROCE ELECTRIC INC

Borrower Address

1803 MURFREESBORO RD

Borrower City

LEBANON

Borrower State

TN

Borrower Zip

37090-5316

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

72400.00

Current Approval Amount

72400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378043

Servicing Lender Name

CedarStone Bank

Servicing Lender Address

900 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

TN

Servicing Lender Zip

37087-3410

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LEBANON

Project County Name

WILSON

Project State

TN

Project Zip

37090-5316

CD

TN-06

Jobs Reported

7

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

55000.00

Mortgage Interest Proceed

17400.00

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

378043

Originating Lender

CedarStone Bank

Originating Lender City

LEBANON

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

72987.24

Forgiveness Date

01/28/2021

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