PPP Loan information for Groove life corporation

$903,712

Groove life corporation was initially approved for PPP Loan of amount $903,712, the current approved amount is $903,712. The loan was approved on 04/11/2020 by The CapStar Bank reported 84 jobs and $903,712 was used to fund payroll.

Groove life corporation is New Business or 2 years or less

GROOVE LIFE CORPORATION

Date Approved

04/11/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

GROOVE LIFE CORPORATION

Borrower Address

1220 School Street #25

Borrower City

Spring Hill

Borrower State

TN

Borrower Zip

37174-2783

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

903712.00

Current Approval Amount

903712.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

457013

Servicing Lender Name

CapStar Bank

Servicing Lender Address

1201 Demonbreun St Ste 700

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37203-5078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Spring Hill

Project County Name

MAURY

Project State

TN

Project Zip

37174-2783

CD

TN-04

Jobs Reported

84

NAICS Code

424990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

903712.00

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

457013

Originating Lender

CapStar Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

909812.06

Forgiveness Date

12/15/2020

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