# PPP loan: GRACEY-BACKER, INC.
> **$237K** approved 04/10/2020 · Paid in Full · Loan `1647957101`
## Borrower
- **Name:** GRACEY-BACKER, INC.
- **Address:** 275 GEORGE BUSH BLVD, DELRAY BEACH, FL, 33444-4034
- **NAICS:** 524113
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $237K
- **Initial approval:** $237K
- **Forgiven:** $238K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $220K
- **Rent:** $15K
- **Utilities:** $2K
- **Jobs reported:** 21
## Lender
- **Originating:** Paradise Bank
- **Servicing:** Paradise Bank (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*