# PPP loan: GRASSANO TEXAS INC.
> **$564K** approved 04/07/2020 · Paid in Full · Loan `6811637007`
## Borrower
- **Name:** GRASSANO TEXAS INC.
- **Address:** 127 Springline Drive, VERO BEACH, FL, 32963-2906
- **NAICS:** 541214
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $564K
- **Initial approval:** $564K
- **Forgiven:** $567K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $564K
- **Jobs reported:** 79
## Lender
- **Originating:** Centennial Bank
- **Servicing:** Centennial Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*