Grayling Corporation

$4,818,800 PPP Loan in Mishawaka, Indiana

Loan Details

Loan Number
8801337006
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$4,818,800
Current Approval
$4,818,800
Forgiveness Amount
$4,874,885
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Grayling Corporation
Address
4220 Edison Lakes Pkwy
State
Indiana
ZIP Code
46545-1420
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722513)
Franchise
Chili's Grill & Bar
Business Age
Existing or more than 2 years old
Jobs Reported
500
Estimated Revenue
$88.8M
Rural/Urban
Urban
Congressional District
IN-02

Loan Use Breakdown

Payroll
$3,682,589
Rent
$576,833
Utilities
$359,667
Mortgage Interest
$159,769
Debt Interest
$39,942

Lender Information

Servicing Lender
Lake City Bank
Originating Lender
Lake City Bank

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