PPP Loan information for Global abrasive products inc

$400,033

Global abrasive products inc was initially approved for PPP Loan of amount $400,033, the current approved amount is $400,033. The loan was approved on 02/05/2021 by The Synovus Bank reported 42 jobs and $400,033 was used to fund payroll.

Global abrasive products inc is Existing or more than 2 years old

GLOBAL ABRASIVE PRODUCTS INC

Date Approved

02/05/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

GLOBAL ABRASIVE PRODUCTS INC

Borrower Address

1035 Nine North Dr

Borrower City

Alpharetta

Borrower State

GA

Borrower Zip

30004-2959

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

400032.50

Current Approval Amount

400032.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19248

Servicing Lender Name

Synovus Bank

Servicing Lender Address

1148 Broadway

Servicing Lender City

COLUMBUS

Servicing Lender State

GA

Servicing Lender Zip

31901-2429

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Alpharetta

Project County Name

FORSYTH

Project State

GA

Project Zip

30004-2959

CD

GA-06

Jobs Reported

42

NAICS Code

327910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

400028.50

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

19248

Originating Lender

Synovus Bank

Originating Lender City

COLUMBUS

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

401873.75

Forgiveness Date

07/28/2021

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