PPP Loan information for Grandma's inc

$1,831,746

Grandma's inc was initially approved for PPP Loan of amount $1,831,746, the current approved amount is $1,831,746. The loan was approved on 02/03/2021 by The National Bank of Commerce reported 120 jobs and $1,831,746 was used to fund payroll.

Grandma's inc is Existing or more than 2 years old

PPP Loan Search / MN / Duluth / Grandma's inc

GRANDMA'S INC

Date Approved

02/03/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

GRANDMA'S INC

Borrower Address

522 South Lake Ave

Borrower City

Duluth

Borrower State

MN

Borrower Zip

55802

Loan Status Date

11/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1831746.00

Current Approval Amount

1831746.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76833

Servicing Lender Name

National Bank of Commerce

Servicing Lender Address

1127 Tower Ave

Servicing Lender City

SUPERIOR

Servicing Lender State

WI

Servicing Lender Zip

54880-1502

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Duluth

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55802

CD

MN-08

Jobs Reported

120

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1831743.00

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

Cooperative

Originating Lender Location Id

76833

Originating Lender

National Bank of Commerce

Originating Lender City

SUPERIOR

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1844593.31

Forgiveness Date

10/25/2021

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