PPP Loan information for Groninger construction

$416,200

Groninger construction was initially approved for PPP Loan of amount $416,200, the current approved amount is $416,200. The loan was approved on 04/10/2020 by The Herring Bank reported 46 jobs and $416,200 was used to fund payroll.

Groninger construction is Existing or more than 2 years old

PPP Loan Search / CO / COLORADO SPRINGS / Groninger construction

GRONINGER CONSTRUCTION

Date Approved

04/10/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

GRONINGER CONSTRUCTION

Borrower Address

3625 CASCADE AVE

Borrower City

COLORADO SPRINGS

Borrower State

CO

Borrower Zip

80907-5213

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

416200.00

Current Approval Amount

416200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72057

Servicing Lender Name

Herring Bank

Servicing Lender Address

2201 Civic Cir, 9th Fl

Servicing Lender City

AMARILLO

Servicing Lender State

TX

Servicing Lender Zip

79109-1848

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

COLORADO SPRINGS

Project County Name

EL PASO

Project State

CO

Project Zip

80907-5213

CD

CO-05

Jobs Reported

46

NAICS Code

238110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3100.00

Payroll Proceed

374100.00

Mortgage Interest Proceed

0.00

Rent Proceed

20200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

17800.00

Debt Interest Proceed

1000

Business Type

Corporation

Originating Lender Location Id

72057

Originating Lender

Herring Bank

Originating Lender City

AMARILLO

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

419309.94

Forgiveness Date

01/11/2021

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