PPP Loan information for Red grits inc

$39,959

Red grits inc was initially approved for PPP Loan of amount $39,959, the current approved amount is $39,959. The loan was approved on 02/09/2021 by The PNC Bank, National Association reported 8 jobs and $39,959 was used to fund payroll.

Red grits inc is Existing or more than 2 years old

PPP Loan Search / NC / Asheville / Red grits inc

RED GRITS INC

Date Approved

02/09/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

RED GRITS INC

Borrower Address

23 Gaston Mountain Rd 23 Gaston Mountain Road

Borrower City

Asheville

Borrower State

NC

Borrower Zip

28806-9100

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

39959.00

Current Approval Amount

39959.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Asheville

Project County Name

BUNCOMBE

Project State

NC

Project Zip

28806-9100

CD

NC-11

Jobs Reported

8

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

39955.00

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

Subchapter S Corporation

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40475.14

Forgiveness Date

05/24/2022

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