PPP Loan information for Grossman iron and steel company

$1,239,548

Grossman iron and steel company was initially approved for PPP Loan of amount $1,239,548, the current approved amount is $1,239,548. The loan was approved on 02/25/2021 by The Commerce Bank reported 93 jobs and $1,239,548 was used to fund payroll.

Grossman iron and steel company is Existing or more than 2 years old

GROSSMAN IRON AND STEEL COMPANY

Date Approved

02/25/2021

SBA Office Code

0768

Processing Method

PPS

Borrower Name

GROSSMAN IRON AND STEEL COMPANY

Borrower Address

5 N Market St

Borrower City

Saint Louis

Borrower State

MO

Borrower Zip

63102-1415

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1239547.97

Current Approval Amount

1239547.97

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40781

Servicing Lender Name

Commerce Bank

Servicing Lender Address

1000 Walnut St, 11th Fl

Servicing Lender City

KANSAS CITY

Servicing Lender State

MO

Servicing Lender Zip

64106-2107

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Saint Louis

Project County Name

SAINT LOUIS CITY

Project State

MO

Project Zip

63102-1415

CD

MO-01

Jobs Reported

93

NAICS Code

423930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1239545.97

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

40781

Originating Lender

Commerce Bank

Originating Lender City

KANSAS CITY

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1245952.30

Forgiveness Date

09/08/2021

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