PPP Loan information for Carborundum grinding wheel company

$146,644

Carborundum grinding wheel company was initially approved for PPP Loan of amount $146,644, the current approved amount is $146,644. The loan was approved on 04/08/2020 by The The Park National Bank reported 25 jobs and $146,644 was used to fund payroll.

Carborundum grinding wheel company is Existing or more than 2 years old

CARBORUNDUM GRINDING WHEEL COMPANY

Date Approved

04/08/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

CARBORUNDUM GRINDING WHEEL COMPANY

Borrower Address

1011 E. Front St.

Borrower City

LOGAN

Borrower State

OH

Borrower Zip

43138-9791

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

146644.00

Current Approval Amount

146644.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57912

Servicing Lender Name

The Park National Bank

Servicing Lender Address

50 N Third St

Servicing Lender City

NEWARK

Servicing Lender State

OH

Servicing Lender Zip

43055-5523

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LOGAN

Project County Name

HOCKING

Project State

OH

Project Zip

43138-9791

CD

OH-02

Jobs Reported

25

NAICS Code

339114

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

146644.00

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

Corporation

Originating Lender Location Id

57912

Originating Lender

The Park National Bank

Originating Lender City

NEWARK

Originating Lender State

OH

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

137503.43

Forgiveness Date

12/28/2020

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