PPP Loan information for Groove networks llc

$100,928

Groove networks llc was initially approved for PPP Loan of amount $100,928, the current approved amount is $100,928. The loan was approved on 05/01/2020 by The Cross River Bank reported 5 jobs and $100,928 was used to fund payroll.

Groove networks llc is Existing or more than 2 years old

GROOVE NETWORKS LLC

Date Approved

05/01/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

GROOVE NETWORKS LLC

Borrower Address

2 Dearborn St

Borrower City

Newport

Borrower State

RI

Borrower Zip

02840

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

100927.50

Current Approval Amount

100927.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newport

Project County Name

NEWPORT

Project State

RI

Project Zip

02840-0001

CD

RI-01

Jobs Reported

5

NAICS Code

541511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

100927.50

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

Limited Liability Partnership

Originating Lender Location Id

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

102467.68

Forgiveness Date

11/17/2021

;