Grindstaff INC
$701,179 PPP Loan in Elizabethton, Tennessee
Loan Details
- Loan Number
- 7062207003
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $701,179
- Current Approval
- $701,179
- Forgiveness Amount
- $705,830
- Forgiveness Date
- Feb 16, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Grindstaff INC
- Address
- 2224 West Elk Ave
- City
- Elizabethton
- State
- Tennessee
- ZIP Code
- 37643-3714
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- Ford Motor Company Dealer Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 80
- Estimated Revenue
- $20.2M
- Rural/Urban
- Rural
- Congressional District
- TN-01
Loan Use Breakdown
- Payroll
- $526,225
- Rent
- $76,500
- Utilities
- $66,207
- Health Care
- $32,247
Lender Information
- Servicing Lender
- First Horizon Bank
- Originating Lender
- First Horizon Bank
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|---|---|---|
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| Tri-Cities Restaurant Group LLC | $1,319,600 | Research |
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