PPP Loan information for M grieco enterprises, inc

$950,700

M grieco enterprises, inc was initially approved for PPP Loan of amount $748,200, the current approved amount is $950,700. The loan was approved on 04/03/2020 by The Mechanics Cooperative Bank reported 68 jobs and $950,700 was used to fund payroll.

M grieco enterprises, inc is Existing or more than 2 years old

M GRIECO ENTERPRISES, INC

Date Approved

04/03/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

M GRIECO ENTERPRISES, INC

Borrower Address

1651 NEW STATE HWY

Borrower City

RAYNHAM

Borrower State

MA

Borrower Zip

02767-5444

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

748200.00

Current Approval Amount

950700.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

89240

Servicing Lender Name

Mechanics Cooperative Bank

Servicing Lender Address

308 Bay St

Servicing Lender City

TAUNTON

Servicing Lender State

MA

Servicing Lender Zip

02780-1834

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RAYNHAM

Project County Name

BRISTOL

Project State

MA

Project Zip

02767-5444

CD

MA-04

Jobs Reported

68

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

20000.00

Payroll Proceed

810700.00

Mortgage Interest Proceed

0.00

Rent Proceed

120000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

89240

Originating Lender

Mechanics Cooperative Bank

Originating Lender City

TAUNTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

961923.54

Forgiveness Date

06/11/2021

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