PPP Loan information for Red grits inc

$59,600

Red grits inc was initially approved for PPP Loan of amount $59,600, the current approved amount is $59,600. The loan was approved on 04/30/2020 by The PNC Bank, National Association reported 11 jobs and $59,600 was used to fund payroll.

Red grits inc is Unanswered

RED GRITS INC

Date Approved

04/30/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

RED GRITS INC

Borrower Address

1 PAGE AVE

Borrower City

ASHEVILLE

Borrower State

NC

Borrower Zip

28801-2393

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

59600.00

Current Approval Amount

59600.00

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

Y

HLMI Indicator

N

Business Age Description

Unanswered

Project City

ASHEVILLE

Project County Name

BUNCOMBE

Project State

NC

Project Zip

28801-2393

CD

NC-11

Jobs Reported

11

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

59600.00

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

60133.09

Forgiveness Date

03/23/2021

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