PPP Loan information for Abrasive finishing inc

$118,825

Abrasive finishing inc was initially approved for PPP Loan of amount $118,825, the current approved amount is $118,825. The loan was approved on 03/04/2021 by The PNC Bank, National Association reported 15 jobs and $118,825 was used to fund payroll.

Abrasive finishing inc is Existing or more than 2 years old

PPP Loan Search / MI / Chelsea / Abrasive finishing inc

ABRASIVE FINISHING INC

Date Approved

03/04/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

ABRASIVE FINISHING INC

Borrower Address

11770 Dexter Chelsea Rd 11770 Dexter Chelsea Rd

Borrower City

Chelsea

Borrower State

MI

Borrower Zip

48118-9539

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

118825.00

Current Approval Amount

118825.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Chelsea

Project County Name

WASHTENAW

Project State

MI

Project Zip

48118-9539

CD

MI-06

Jobs Reported

15

NAICS Code

327910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

118824.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

119570.96

Forgiveness Date

10/25/2021

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