PPP Loan information for Grossman iron and steel company

$1,356,200

Grossman iron and steel company was initially approved for PPP Loan of amount $1,356,200, the current approved amount is $1,356,200. The loan was approved on 04/08/2020 by The Commerce Bank reported 94 jobs and $1,356,200 was used to fund payroll.

Grossman iron and steel company is Existing or more than 2 years old

PPP Loan Search / MO / SAINT LOUIS / Grossman iron and steel company

GROSSMAN IRON AND STEEL COMPANY

Date Approved

04/08/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

GROSSMAN IRON AND STEEL COMPANY

Borrower Address

5 N Market St

Borrower City

SAINT LOUIS

Borrower State

MO

Borrower Zip

63102-1415

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1356200.00

Current Approval Amount

1356200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40781

Servicing Lender Name

Commerce Bank

Servicing Lender Address

1000 Walnut St, 11th Fl

Servicing Lender City

KANSAS CITY

Servicing Lender State

MO

Servicing Lender Zip

64106-2107

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SAINT LOUIS

Project County Name

SAINT LOUIS CITY

Project State

MO

Project Zip

63102-1415

CD

MO-01

Jobs Reported

94

NAICS Code

423930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

100000.00

Payroll Proceed

1249028.04

Mortgage Interest Proceed

0.00

Rent Proceed

7171.96

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

40781

Originating Lender

Commerce Bank

Originating Lender City

KANSAS CITY

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1365693.40

Forgiveness Date

12/22/2020

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