PPP Loan information for Abrasive finishing inc

$143,802

Abrasive finishing inc was initially approved for PPP Loan of amount $143,802, the current approved amount is $143,802. The loan was approved on 05/01/2020 by The U.S. Bank, National Association reported 17 jobs and $143,802 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

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ABRASIVE FINISHING INC

Borrower Address

11770 DEXTER RD

Borrower City

CHELSEA

Borrower State

MI

Borrower Zip

48118

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

143802.00

Current Approval Amount

143802.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

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

48118-0001

CD

MI-06

Jobs Reported

17

NAICS Code

327910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

143802.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

144728.72

Forgiveness Date

12/23/2020

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