# PPP loan: GRIER BROS ENTERPRISES INC
> **$390K** approved 06/18/2020 · Charged Off · Loan `8751317905`
## Borrower
- **Name:** GRIER BROS ENTERPRISES INC
- **Address:** 3370 Welcome All Rd. , Atlanta, GA, 30331, Atlanta, GA, 30331
- **NAICS:** 484220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $390K
- **Initial approval:** $390K
- **Forgiven:** $93K (24%)
- **Forgiveness date:** 01/06/2022
- **Status:** Charged Off
- **Term:** 10 months
## Use of funds
- **Payroll:** $390K
- **Jobs reported:** 35
## Lender
- **Originating:** MBE Capital Partners
- **Servicing:** Lendistry-Federal Reserve (MBE) Contract (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*