PPP Loan information for Abrasive-tool corporation

$901,952

Abrasive-tool corporation was initially approved for PPP Loan of amount $901,952, the current approved amount is $901,952. The loan was approved on 01/29/2021 by The Manufacturers and Traders Trust Company reported 53 jobs and $901,952 was used to fund payroll.

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

ABRASIVE-TOOL CORPORATION

Date Approved

01/29/2021

SBA Office Code

0219

Processing Method

PPS

Borrower Name

ABRASIVE-TOOL CORPORATION

Borrower Address

1555 Emerson St

Borrower City

Rochester

Borrower State

NY

Borrower Zip

14606-3117

Loan Status Date

04/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

901952.00

Current Approval Amount

901952.00

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

14606-3117

CD

NY-25

Jobs Reported

53

NAICS Code

423840

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

901952.00

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

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

911984.67

Forgiveness Date

03/17/2022

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