Grasche USA INC

$457,759 PPP Loan in Hickory, North Carolina

Loan Details

Loan Number
1027197108
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$457,759
Current Approval
$457,759
Forgiveness Amount
$462,502
Forgiveness Date
May 4, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Grasche USA INC
Address
240 Performance Dr
ZIP Code
28602-4045
Business Type
Corporation
Industry (NAICS)
Manufacturing (333517)
Business Age
Existing or more than 2 years old
Jobs Reported
40
Estimated Revenue
$10.5M
Rural/Urban
Rural
Congressional District
NC-10

Loan Use Breakdown

Payroll
$417,759
Utilities
$20,000
Health Care
$20,000

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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