PPP Loan information for Abrasive concepts inc

$117,300

Abrasive concepts inc was initially approved for PPP Loan of amount $117,300, the current approved amount is $117,300. The loan was approved on 04/28/2020 by The Valley Strong CU reported 16 jobs and $117,300 was used to fund payroll.

Abrasive concepts inc is Existing or more than 2 years old

PPP Loan Search / CA / Bakersfield / Abrasive concepts inc

ABRASIVE CONCEPTS INC

Date Approved

04/28/2020

SBA Office Code

0942

Processing Method

PPP

Borrower Name

ABRASIVE CONCEPTS INC

Borrower Address

2700 Q St

Borrower City

Bakersfield

Borrower State

CA

Borrower Zip

93301-2573

Loan Status Date

10/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

117300.00

Current Approval Amount

117300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

92124

Servicing Lender Name

Valley Strong CU

Servicing Lender Address

11500 Bolthouse Dr

Servicing Lender City

BAKERSFIELD

Servicing Lender State

CA

Servicing Lender Zip

93311-8822

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bakersfield

Project County Name

KERN

Project State

CA

Project Zip

93301-2573

CD

CA-22

Jobs Reported

16

NAICS Code

333241

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

117300.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

92124

Originating Lender

Valley Strong CU

Originating Lender City

BAKERSFIELD

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

118257.68

Forgiveness Date

02/24/2021

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