PPP Loan information for Grandma's inc.

$1,897,000

Grandma's inc. was initially approved for PPP Loan of amount $1,897,000, the current approved amount is $1,897,000. The loan was approved on 04/15/2020 by The National Bank of Commerce reported 196 jobs and $1,897,000 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

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

GRANDMA'S INC.

Borrower Address

525 South Lake Rd

Borrower City

DULUTH

Borrower State

MN

Borrower Zip

55802

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1897000.00

Current Approval Amount

1897000.00

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

N

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

55802-1100

CD

MN-08

Jobs Reported

196

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1897000.00

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

1910824.71

Forgiveness Date

01/20/2021

;