Gro Restaurant Group INC

$2,000,000 PPP Loan in Winston Salem, North Carolina

Loan Details

Loan Number
3297068905
Date Approved
Apr 28, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,012,986
Forgiveness Date
Dec 30, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Gro Restaurant Group INC
Address
3816 Forrestgate Dr Ste C
ZIP Code
27103-2929
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722514)
Franchise
Golden Corral
Business Age
Existing or more than 2 years old
Jobs Reported
439
Estimated Revenue
$77.9M
Rural/Urban
Urban
Congressional District
NC-05

Loan Use Breakdown

Payroll
$1,999,995
Utilities
$1

Lender Information

Servicing Lender
Loan Source Incorporated
Originating Lender
Cadence Bank

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