PPP Loan information for New grounds trade company llc

$101,200

New grounds trade company llc was initially approved for PPP Loan of amount $101,200, the current approved amount is $101,200. The loan was approved on 02/08/2021 by The First National Bank & Trust Co reported 37 jobs and $101,200 was used to fund payroll.

New grounds trade company llc is Existing or more than 2 years old

PPP Loan Search / MI / Iron River / New grounds trade company llc

NEW GROUNDS TRADE COMPANY LLC

Date Approved

02/08/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

NEW GROUNDS TRADE COMPANY LLC

Borrower Address

217 W Genesee St

Borrower City

Iron River

Borrower State

MI

Borrower Zip

49935-1438

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

101200.00

Current Approval Amount

101200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35372

Servicing Lender Name

First National Bank & Trust Co

Servicing Lender Address

233 S Stephenson Ave

Servicing Lender City

IRON MOUNTAIN

Servicing Lender State

MI

Servicing Lender Zip

49801-2921

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Iron River

Project County Name

IRON

Project State

MI

Project Zip

49935-1438

CD

MI-01

Jobs Reported

37

NAICS Code

311920

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

101199.00

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

Corporation

Originating Lender Location Id

35372

Originating Lender

First National Bank & Trust Co

Originating Lender City

IRON MOUNTAIN

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

101676.89

Forgiveness Date

08/03/2021

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