PPP Loan information for Grotto inc.

$86,000

Grotto inc. was initially approved for PPP Loan of amount $86,000, the current approved amount is $86,000. The loan was approved on 04/14/2020 by The Northway Bank reported 37 jobs and $86,000 was used to fund payroll.

Grotto inc. is New Business or 2 years or less

GROTTO INC.

Date Approved

04/14/2020

SBA Office Code

0189

Processing Method

PPP

Borrower Name

GROTTO INC.

Borrower Address

5 Railroad Square

Borrower City

Plymouth

Borrower State

NH

Borrower Zip

03264-1602

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

86000.00

Current Approval Amount

86000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42825

Servicing Lender Name

Northway Bank

Servicing Lender Address

9 Main St

Servicing Lender City

BERLIN

Servicing Lender State

NH

Servicing Lender Zip

03570-2414

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Plymouth

Project County Name

GRAFTON

Project State

NH

Project Zip

03264-1602

CD

NH-02

Jobs Reported

37

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

86000.00

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

42825

Originating Lender

Northway Bank

Originating Lender City

BERLIN

Originating Lender State

NH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

86599.61

Forgiveness Date

01/08/2021

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