PPP Loan information for Grace composites llc

$367,800

Grace composites llc was initially approved for PPP Loan of amount $367,800, the current approved amount is $367,800. The loan was approved on 04/05/2020 by The First Horizon Bank reported 45 jobs and $367,800 was used to fund payroll.

Grace composites llc is Existing or more than 2 years old

GRACE COMPOSITES LLC

Date Approved

04/05/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

GRACE COMPOSITES LLC

Borrower Address

351 RUTH RD

Borrower City

LONOKE

Borrower State

AR

Borrower Zip

72086-8469

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

367800.00

Current Approval Amount

367800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LONOKE

Project County Name

LONOKE

Project State

AR

Project Zip

72086-8469

CD

AR-01

Jobs Reported

45

NAICS Code

332913

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

367800.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

371825.37

Forgiveness Date

05/13/2021

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