PPP Loan information for Groove entertainment technologies inc.

$1,255,020

Groove entertainment technologies inc. was initially approved for PPP Loan of amount $1,255,020, the current approved amount is $1,255,020. The loan was approved on 01/26/2021 by The Capital Community Bank reported 80 jobs and $1,255,020 was used to fund payroll.

Groove entertainment technologies inc. is Existing or more than 2 years old

GROOVE ENTERTAINMENT TECHNOLOGIES INC.

Date Approved

01/26/2021

SBA Office Code

0883

Processing Method

PPS

Borrower Name

GROOVE ENTERTAINMENT TECHNOLOGIES INC.

Borrower Address

4141 S Highland Dr Ste 100

Borrower City

Salt Lake City

Borrower State

UT

Borrower Zip

84124-2683

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1255020.00

Current Approval Amount

1255020.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118477

Servicing Lender Name

Capital Community Bank

Servicing Lender Address

3280 N University Ave

Servicing Lender City

PROVO

Servicing Lender State

UT

Servicing Lender Zip

84604-4405

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Salt Lake City

Project County Name

SALT LAKE

Project State

UT

Project Zip

84124-2683

CD

UT-03

Jobs Reported

80

NAICS Code

517911

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1255019.00

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

118477

Originating Lender

Capital Community Bank

Originating Lender City

PROVO

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1262410.67

Forgiveness Date

09/07/2021

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