Grace Food Distribution, Inc.

$229,493 PPP Loan in Winston Salem, North Carolina

Loan Details

Loan Number
5385077203
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$229,493
Current Approval
$229,493
Forgiveness Amount
$232,113
Forgiveness Date
Jun 24, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Grace Food Distribution, Inc.
Address
5646 Shattalon Dr
ZIP Code
27105-1331
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424990)
Business Age
Existing or more than 2 years old
Jobs Reported
61
Estimated Revenue
$15.7M
Rural/Urban
Urban
Congressional District
NC-05

Loan Use Breakdown

Payroll
$185,000
Rent
$40,000
Utilities
$4,493

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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