PPP Loan information for Abrasive-tool corporation

$952,907

Abrasive-tool corporation was initially approved for PPP Loan of amount $952,907, the current approved amount is $952,907. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 53 jobs and $952,907 was used to fund payroll.

Abrasive-tool corporation is Existing or more than 2 years old

PPP Loan Search / NY / Rochester / Abrasive-tool corporation

ABRASIVE-TOOL CORPORATION

Date Approved

04/15/2020

SBA Office Code

0219

Processing Method

PPP

Borrower Name

ABRASIVE-TOOL CORPORATION

Borrower Address

1555 Emerson Street

Borrower City

Rochester

Borrower State

NY

Borrower Zip

14606

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

952907.00

Current Approval Amount

952907.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Rochester

Project County Name

MONROE

Project State

NY

Project Zip

14606-0001

CD

NY-25

Jobs Reported

53

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

847907.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

105000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

960660.79

Forgiveness Date

02/16/2021

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