Grout, INC

$222,500 PPP Loan in Hope Hull, Alabama

Loan Details

Loan Number
6241107107
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$222,500
Current Approval
$222,500
Forgiveness Amount
$225,213
Forgiveness Date
Jun 29, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Grout, INC
Address
8782 County Road 26
State
Alabama
ZIP Code
36043-6209
Business Type
Corporation
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (212321)
Business Age
Existing or more than 2 years old
Jobs Reported
25
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
AL-07

Loan Use Breakdown

Payroll
$166,875
Rent
$44,500
Utilities
$11,125

Lender Information

Servicing Lender
Servisfirst Bank
Originating Lender
Servisfirst Bank

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