PPP Loan information for Grace place inc

$20,000

Grace place inc was initially approved for PPP Loan of amount $20,000, the current approved amount is $20,000. The loan was approved on 03/03/2021 by The Merchants Bank, National Association reported 10 jobs and $20,000 was used to fund payroll.

Grace place inc is Existing or more than 2 years old

GRACE PLACE INC

Date Approved

03/03/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

GRACE PLACE INC

Borrower Address

66 E 2nd St

Borrower City

Winona

Borrower State

MN

Borrower Zip

55987-3409

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20000.00

Current Approval Amount

20000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Winona

Project County Name

WINONA

Project State

MN

Project Zip

55987-3409

CD

MN-01

Jobs Reported

10

NAICS Code

624190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

19998.00

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

Non-Profit Organization

Originating Lender Location Id

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

20075.56

Forgiveness Date

07/20/2021

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