GRASSROOTS TEAM LLC (DE) - 2020 PPP Loan Borrower Profile (# 2788819008)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to GRASSROOTS TEAM LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Delaware.

Loan Detail

Loan Number

2788819008

SBA Office Code

0507

Processing Method

PPS

Curent Loan Amount

$555,421

Date Loan was Approved

May 18, 2021

Amount Forgiven

$559,833.51

Date Loan was Forgiven

Mar 9, 2022

Loan Status

Paid in Full

Loan Term

59 Months

Utilities Proced

Payroll Proced

555,418

Lender

Capital One, National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

561499

Borrower Location

LEWES, DE

Project Location

LEWES, DE

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

190

Business Age Description

Existing or more than 2 years old

Data Source: SBA.