PPP Loan information for Groats inc

$16,430

Groats inc was initially approved for PPP Loan of amount $16,430, the current approved amount is $16,430. The loan was approved on 04/07/2020 by The Co-op CU of Montevideo reported 7 jobs and $16,430 was used to fund payroll.

Groats inc is Existing or more than 2 years old

PPP Loan Search / MN / MONTEVIDEO / Groats inc

GROATS INC

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

GROATS INC

Borrower Address

309 S 1ST STREET

Borrower City

MONTEVIDEO

Borrower State

MN

Borrower Zip

56265-1414

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

16430.00

Current Approval Amount

16430.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99637

Servicing Lender Name

Co-op CU of Montevideo

Servicing Lender Address

2407 E Hwy 7

Servicing Lender City

MONTEVIDEO

Servicing Lender State

MN

Servicing Lender Zip

56265-3151

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MONTEVIDEO

Project County Name

CHIPPEWA

Project State

MN

Project Zip

56265-1414

CD

MN-07

Jobs Reported

7

NAICS Code

722410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1500.00

Payroll Proceed

14230.00

Mortgage Interest Proceed

700.00

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

99637

Originating Lender

Co-op CU of Montevideo

Originating Lender City

MONTEVIDEO

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

16532.63

Forgiveness Date

12/02/2020

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