# PPP loan: GROVES APPLIANCE REPAIR
> **$228K** approved 04/30/2020 · Paid in Full · Loan `6427637307`
## Borrower
- **Name:** GROVES APPLIANCE REPAIR
- **Address:** 810 N MADISON AVE, GREENWOOD, IN, 46142-4127
- **NAICS:** 512230
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $228K
- **Initial approval:** $228K
- **Forgiven:** $231K (101%)
- **Forgiveness date:** 09/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $228K
- **Jobs reported:** 20
## Lender
- **Originating:** Cross River Bank
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*