PPP Loan information for Grangel inc

$64,409

Grangel inc was initially approved for PPP Loan of amount $64,409, the current approved amount is $64,409. The loan was approved on 02/08/2021 by The Merchants & Farmers Bank & Trust Company reported 47 jobs and $64,409 was used to fund payroll.

Grangel inc is Existing or more than 2 years old

GRANGEL INC

Date Approved

02/08/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

GRANGEL INC

Borrower Address

99 E Union St

Borrower City

Leesville

Borrower State

LA

Borrower Zip

71446-3415

Loan Status Date

03/10/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

64409.00

Current Approval Amount

64409.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28364

Servicing Lender Name

Merchants & Farmers Bank & Trust Company

Servicing Lender Address

501 S Fifth St

Servicing Lender City

LEESVILLE

Servicing Lender State

LA

Servicing Lender Zip

71446-4435

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Leesville

Project County Name

VERNON

Project State

LA

Project Zip

71446-3415

CD

LA-04

Jobs Reported

47

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

64406.00

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

28364

Originating Lender

Merchants & Farmers Bank & Trust Company

Originating Lender City

LEESVILLE

Originating Lender State

LA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

64680.95

Forgiveness Date

07/13/2021

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