Grotto Pizza Inc.

$2,000,000 PPP Loan in Rehoboth Beach, Delaware

Loan Details

Loan Number
1609158408
Date Approved
Feb 2, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,039,406
Forgiveness Date
Mar 15, 2023
Term
60 months
Draw
Second Draw

Business Information

Business Name
Grotto Pizza Inc.
Address
20376 Coastal Hwy
ZIP Code
19971-8015
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
275
Estimated Revenue
$48.8M
Rural/Urban
Rural
Congressional District
DE-

Loan Use Breakdown

Payroll
$1,999,998
Utilities
$1

Lender Information

Servicing Lender
Loan Source Incorporated
Originating Lender
Northeast Bank

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