PPP Loan information for Acute grinding inc

$50,300

Acute grinding inc was initially approved for PPP Loan of amount $50,300, the current approved amount is $50,300. The loan was approved on 04/10/2020 by The Camden National Bank reported 7 jobs and $50,300 was used to fund payroll.

Acute grinding inc is Existing or more than 2 years old

ACUTE GRINDING INC

Date Approved

04/10/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

ACUTE GRINDING INC

Borrower Address

Po Box 1381

Borrower City

Camden

Borrower State

ME

Borrower Zip

04843-1381

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50300.00

Current Approval Amount

50300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29633

Servicing Lender Name

Camden National Bank

Servicing Lender Address

2 Elm St

Servicing Lender City

CAMDEN

Servicing Lender State

ME

Servicing Lender Zip

04843-1947

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Camden

Project County Name

KNOX

Project State

ME

Project Zip

04843-1381

CD

ME-01

Jobs Reported

7

NAICS Code

333517

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

50300.00

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

29633

Originating Lender

Camden National Bank

Originating Lender City

CAMDEN

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

50717.77

Forgiveness Date

02/11/2021

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