PPP Loan information for Cal grinding, inc.

$400,000

Cal grinding, inc. was initially approved for PPP Loan of amount $505,200, the current approved amount is $400,000. The loan was approved on 04/28/2020 by The Upper Peninsula State Bank reported 37 jobs and $400,000 was used to fund payroll.

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

PPP Loan Search / MI / ESCANABA / Cal grinding, inc.

CAL GRINDING, INC.

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CAL GRINDING, INC.

Borrower Address

1401 N 26TH ST

Borrower City

ESCANABA

Borrower State

MI

Borrower Zip

49829-2500

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

505200.00

Current Approval Amount

400000.00

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

37

NAICS Code

332911

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

50520.00

Payroll Proceed

298960.00

Mortgage Interest Proceed

50520.00

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

404043.84

Forgiveness Date

05/12/2021

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