PPP Loan information for Cal grinding inc.

$505,200

Cal grinding inc. was initially approved for PPP Loan of amount $505,200, the current approved amount is $505,200. The loan was approved on 03/04/2021 by The Upper Peninsula State Bank reported 28 jobs and $505,200 was used to fund payroll.

Cal grinding inc. is Existing or more than 2 years old

CAL GRINDING INC.

Date Approved

03/04/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

CAL GRINDING INC.

Borrower Address

1401 N 26th St

Borrower City

Escanaba

Borrower State

MI

Borrower Zip

49829-2500

Loan Status Date

05/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

505200.00

Current Approval Amount

505200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34514

Servicing Lender Name

Upper Peninsula State Bank

Servicing Lender Address

430 N Lincoln Rd

Servicing Lender City

ESCANABA

Servicing Lender State

MI

Servicing Lender Zip

49829-1365

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Escanaba

Project County Name

DELTA

Project State

MI

Project Zip

49829-2500

CD

MI-01

Jobs Reported

28

NAICS Code

332911

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

505198.00

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

34514

Originating Lender

Upper Peninsula State Bank

Originating Lender City

ESCANABA

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

510667.23

Forgiveness Date

04/11/2022

;