PPP Loan information for Groomlawn, inc.

$497,500

Groomlawn, inc. was initially approved for PPP Loan of amount $497,480, the current approved amount is $497,500. The loan was approved on 04/09/2020 by The Truist Bank reported 67 jobs and $497,500 was used to fund payroll.

Groomlawn, inc. is Existing or more than 2 years old

GROOMLAWN, INC.

Date Approved

04/09/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

GROOMLAWN, INC.

Borrower Address

1919B Buckeystown Pike

Borrower City

ADAMSTOWN

Borrower State

MD

Borrower Zip

21710-8708

Loan Status Date

10/01/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

497480.00

Current Approval Amount

497500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ADAMSTOWN

Project County Name

FREDERICK

Project State

MD

Project Zip

21710-8708

CD

MD-06

Jobs Reported

67

NAICS Code

111998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

497500.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

504257.71

Forgiveness Date

08/25/2021

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