Grace Engineering Corp.

$876,525 PPP Loan in Memphis, Michigan

Loan Details

Loan Number
4633707110
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$876,525
Current Approval
$876,525
Forgiveness Amount
$881,637
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Grace Engineering Corp.
Address
34775 Potter St
ZIP Code
48041-4613
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541330)
Business Age
Existing or more than 2 years old
Jobs Reported
89
Estimated Revenue
$11.0M
Rural/Urban
Rural
Congressional District
MI-09

Loan Use Breakdown

Payroll
$876,525

Lender Information

Servicing Lender
Oxford Bank
Originating Lender
Oxford Bank

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