Gro-Rite INC
$127,700 PPP Loan in Lincoln Park, New Jersey
Loan Details
- Loan Number
- 9055287104
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $127,700
- Current Approval
- $127,700
- Forgiveness Amount
- $128,606
- Forgiveness Date
- Jan 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Gro-Rite INC
- Address
- 30 Hillview Road
- City
- Lincoln Park
- State
- New Jersey
- ZIP Code
- 07035
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (444220)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 22
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- NJ-11
Loan Use Breakdown
- Payroll
- $95,755
- Rent
- $20,000
- Utilities
- $9,445
- Debt Interest
- $2,500
Lender Information
- Servicing Lender
- Manufacturers and Traders Trust Company
- Originating Lender
- Manufacturers and Traders Trust Company
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