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Grace Machine Inc.

$255,000 PPP Loan in Gray, Louisiana

Loan Details

Loan Number
4225958308
Date Approved
Jan 23, 2021
Loan Status
Paid in Full
Initial Approval
$255,000
Current Approval
$226,000
Forgiveness Amount
$228,812
Forgiveness Date
Apr 20, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Grace Machine Inc.
Address
3644 W Main St
City
Gray
State
Louisiana
ZIP Code
70359-6122
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
14
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
LA-06

Loan Use Breakdown

Payroll
$226,000

Lender Information

Servicing Lender
South Louisiana Bank
Originating Lender
South Louisiana Bank

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