PPP Loan information for Grower direct farms inc.

$1,484,330

Grower direct farms inc. was initially approved for PPP Loan of amount $1,484,330, the current approved amount is $1,484,330. The loan was approved on 02/10/2021 by The New Valley Bank & Trust reported 189 jobs and $1,484,330 was used to fund payroll.

Grower direct farms inc. is Existing or more than 2 years old

PPP Loan Search / CT / Somers / Grower direct farms inc.

GROWER DIRECT FARMS INC.

Date Approved

02/10/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

GROWER DIRECT FARMS INC.

Borrower Address

164 Hampden Rd

Borrower City

Somers

Borrower State

CT

Borrower Zip

06071-1270

Loan Status Date

04/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1484330.00

Current Approval Amount

1484330.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

526572

Servicing Lender Name

New Valley Bank & Trust

Servicing Lender Address

One Monarch Place Suite 910

Servicing Lender City

Springfield

Servicing Lender State

MA

Servicing Lender Zip

01144

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Somers

Project County Name

TOLLAND

Project State

CT

Project Zip

06071-1270

CD

CT-02

Jobs Reported

189

NAICS Code

424930

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1484330.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

526572

Originating Lender

New Valley Bank & Trust

Originating Lender City

Springfield

Originating Lender State

MA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

1500108.63

Forgiveness Date

03/08/2022

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