PPP Loan information for Gravoc associates, inc.

$941,970

Gravoc associates, inc. was initially approved for PPP Loan of amount $1,147,500, the current approved amount is $941,970. The loan was approved on 04/05/2020 by The Salem Five Cents Savings Bank reported 66 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

04/05/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

GRAVOC ASSOCIATES, INC.

Borrower Address

10 CENTENNIAL DR, Suite 105

Borrower City

PEABODY

Borrower State

MA

Borrower Zip

01960-2298

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1147500.00

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

01960-2298

CD

MA-06

Jobs Reported

66

NAICS Code

541611

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

941970.00

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

948930.11

Forgiveness Date

01/07/2021

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