PPP Loan information for Gravoc associates inc.

$941,970

Gravoc associates inc. was initially approved for PPP Loan of amount $941,970, the current approved amount is $941,970. The loan was approved on 01/23/2021 by The Salem Five Cents Savings Bank reported 56 jobs and $941,970 was used to fund payroll.

Gravoc associates inc. is Existing or more than 2 years old

PPP Loan Search / MA / Peabody / Gravoc associates inc.

GRAVOC ASSOCIATES INC.

Date Approved

01/23/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

GRAVOC ASSOCIATES INC.

Borrower Address

10 Centennial Dr Ste 105

Borrower City

Peabody

Borrower State

MA

Borrower Zip

01960-7900

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

941970.00

Current Approval Amount

941970.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33304

Servicing Lender Name

Salem Five Cents Savings Bank

Servicing Lender Address

210 Essex St

Servicing Lender City

SALEM

Servicing Lender State

MA

Servicing Lender Zip

01970-3705

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Peabody

Project County Name

ESSEX

Project State

MA

Project Zip

01960-7900

CD

MA-06

Jobs Reported

56

NAICS Code

541990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

941968.00

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

33304

Originating Lender

Salem Five Cents Savings Bank

Originating Lender City

SALEM

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

946444.36

Forgiveness Date

07/19/2021

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