PPP Loan information for Grout farms inc.

$51,947

Grout farms inc. was initially approved for PPP Loan of amount $51,947, the current approved amount is $51,947. The loan was approved on 02/22/2021 by The Thumb Bank & Trust reported 6 jobs and $51,947 was used to fund payroll.

Grout farms inc. is Existing or more than 2 years old

GROUT FARMS INC.

Date Approved

02/22/2021

SBA Office Code

0515

Processing Method

PPP

Borrower Name

GROUT FARMS INC.

Borrower Address

3300 Harrington Rd

Borrower City

Croswell

Borrower State

MI

Borrower Zip

48422-9418

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

51947.14

Current Approval Amount

51947.14

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36209

Servicing Lender Name

Thumb Bank & Trust

Servicing Lender Address

7254 Michigan Ave

Servicing Lender City

PIGEON

Servicing Lender State

MI

Servicing Lender Zip

48755

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Croswell

Project County Name

SANILAC

Project State

MI

Project Zip

48422-9418

CD

MI-09

Jobs Reported

6

NAICS Code

111998

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

51947.14

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

36209

Originating Lender

Thumb Bank & Trust

Originating Lender City

PIGEON

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

52268.79

Forgiveness Date

10/08/2021

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