PPP Loan information for Klingspor abrasives inc.

$3,500,000

Klingspor abrasives inc. was initially approved for PPP Loan of amount $3,500,000, the current approved amount is $3,500,000. The loan was approved on 04/28/2020 by The Loan Source Incorporated reported 391 jobs and $3,500,000 was used to fund payroll.

Klingspor abrasives inc. is Existing or more than 2 years old

PPP Loan Search / NC / Hickory / Klingspor abrasives inc.

KLINGSPOR ABRASIVES INC.

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

KLINGSPOR ABRASIVES INC.

Borrower Address

2555 Tate Boulevard

Borrower City

Hickory

Borrower State

NC

Borrower Zip

28602-1445

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3500000.00

Current Approval Amount

3500000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hickory

Project County Name

CATAWBA

Project State

NC

Project Zip

28602-1445

CD

NC-10

Jobs Reported

391

NAICS Code

327910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3500000.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3538739.73

Forgiveness Date

06/17/2021

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