PPP Loan information for Grotto pizza, inc.

$2,042,010

Grotto pizza, inc. was initially approved for PPP Loan of amount $2,042,010, the current approved amount is $2,042,010. The loan was approved on 04/06/2020 by The Wilmington Savings Fund Society, FSB reported 351 jobs and $2,042,010 was used to fund payroll.

Grotto pizza, inc. is Existing or more than 2 years old

GROTTO PIZZA, INC.

Date Approved

04/06/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

GROTTO PIZZA, INC.

Borrower Address

20376 COASTAL HWY

Borrower City

REHOBOTH BEACH

Borrower State

DE

Borrower Zip

19971-8015

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2042009.52

Current Approval Amount

2042009.52

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16710

Servicing Lender Name

Wilmington Savings Fund Society, FSB

Servicing Lender Address

500 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1490

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

REHOBOTH BEACH

Project County Name

SUSSEX

Project State

DE

Project Zip

19971-8015

CD

DE-

Jobs Reported

351

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2042009.52

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

16710

Originating Lender

Wilmington Savings Fund Society, FSB

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2067632.54

Forgiveness Date

07/21/2021

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