# PPP loan: GRIT ENERGY SERVICES INC.
> **$702K** approved 04/08/2020 · Paid in Full · Loan `8796357006`
## Borrower
- **Name:** GRIT ENERGY SERVICES INC.
- **Address:** 33 Plymouth Street Suite 302, MONTCLAIR, NJ, 07042-2607
- **NAICS:** 523999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $702K
- **Initial approval:** $912K
- **Forgiven:** $712K (101%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $702K
- **Jobs reported:** 29
## Lender
- **Originating:** Byline Bank
- **Servicing:** Byline Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*