PPP Loan information for Lagrasso bros. incorporated

$778,985

Lagrasso bros. incorporated was initially approved for PPP Loan of amount $778,985, the current approved amount is $778,985. The loan was approved on 01/20/2021 by The First Merchants Bank reported 46 jobs and $778,985 was used to fund payroll.

Lagrasso bros. incorporated is Existing or more than 2 years old

PPP Loan Search / MI / Detroit / Lagrasso bros. incorporated

LAGRASSO BROS. INCORPORATED

Date Approved

01/20/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

LAGRASSO BROS. INCORPORATED

Borrower Address

5001 Bellevue St

Borrower City

Detroit

Borrower State

MI

Borrower Zip

48211-3209

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

778985.00

Current Approval Amount

778985.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Detroit

Project County Name

WAYNE

Project State

MI

Project Zip

48211-3209

CD

MI-13

Jobs Reported

46

NAICS Code

445110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

778981.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

782357.04

Forgiveness Date

06/30/2021

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