PPP Loan information for Anchor abrasives co.

$698,648

Anchor abrasives co. was initially approved for PPP Loan of amount $698,648, the current approved amount is $698,648. The loan was approved on 04/10/2020 by The Old National Bank reported 45 jobs and $698,648 was used to fund payroll.

Anchor abrasives co. is New Business or 2 years or less

PPP Loan Search / IL / Tinley Park / Anchor abrasives co.

ANCHOR ABRASIVES CO.

Date Approved

04/10/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ANCHOR ABRASIVES CO.

Borrower Address

7651 185th St

Borrower City

Tinley Park

Borrower State

IL

Borrower Zip

60477-6267

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

698647.50

Current Approval Amount

698647.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Tinley Park

Project County Name

WILL

Project State

IL

Project Zip

60477-6267

CD

IL-01

Jobs Reported

45

NAICS Code

327910

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

698647.50

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

702451.25

Forgiveness Date

11/03/2020

;