PPP Loan information for Abrasives incorporated

$563,219

Abrasives incorporated was initially approved for PPP Loan of amount $563,219, the current approved amount is $563,219. The loan was approved on 01/29/2021 by The Choice Financial Group reported 24 jobs and $563,219 was used to fund payroll.

Abrasives incorporated is Existing or more than 2 years old

PPP Loan Search / ND / Glen Ullin / Abrasives incorporated

ABRASIVES INCORPORATED

Date Approved

01/29/2021

SBA Office Code

0875

Processing Method

PPS

Borrower Name

ABRASIVES INCORPORATED

Borrower Address

4090 Highway 49

Borrower City

Glen Ullin

Borrower State

ND

Borrower Zip

58631-9742

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

563219.00

Current Approval Amount

563219.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52934

Servicing Lender Name

Choice Financial Group

Servicing Lender Address

4501 23rd Ave South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8782

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Glen Ullin

Project County Name

MORTON

Project State

ND

Project Zip

58631-9742

CD

ND-

Jobs Reported

24

NAICS Code

212399

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

563217.00

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

52934

Originating Lender

Choice Financial Group

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

566351.42

Forgiveness Date

08/26/2021

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