PPP Loan information for Absolute grinding & manufacturing inc

$194,409

Absolute grinding & manufacturing inc was initially approved for PPP Loan of amount $194,409, the current approved amount is $194,409. The loan was approved on 01/23/2021 by The Blackhawk Bank reported 21 jobs and $194,409 was used to fund payroll.

Absolute grinding & manufacturing inc is Existing or more than 2 years old

PPP Loan Search / IL / Rockford / Absolute grinding & manufacturing inc

ABSOLUTE GRINDING & MANUFACTURING INC

Date Approved

01/23/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

ABSOLUTE GRINDING & MANUFACTURING INC

Borrower Address

2400 11th St

Borrower City

Rockford

Borrower State

IL

Borrower Zip

61104-7218

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

194408.85

Current Approval Amount

194408.85

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117081

Servicing Lender Name

Blackhawk Bank

Servicing Lender Address

400 Broad St

Servicing Lender City

BELOIT

Servicing Lender State

WI

Servicing Lender Zip

53511-6223

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Rockford

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61104-7218

CD

IL-17

Jobs Reported

21

NAICS Code

332710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

194402.85

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

117081

Originating Lender

Blackhawk Bank

Originating Lender City

BELOIT

Originating Lender State

WI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

195148.68

Forgiveness Date

06/15/2021

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