PPP Loan information for Sharp cutter grinding co., llc

$155,565

Sharp cutter grinding co., llc was initially approved for PPP Loan of amount $155,565, the current approved amount is $155,565. The loan was approved on 04/12/2020 by The JPMorgan Chase Bank, National Association reported 15 jobs and $155,565 was used to fund payroll.

Sharp cutter grinding co., llc is Existing or more than 2 years old

SHARP CUTTER GRINDING CO., LLC

Date Approved

04/12/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SHARP CUTTER GRINDING CO., LLC

Borrower Address

31469 UTICA RD STE A

Borrower City

FRASER

Borrower State

MI

Borrower Zip

48026

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

155565.00

Current Approval Amount

155565.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FRASER

Project County Name

MACOMB

Project State

MI

Project Zip

48026-0001

CD

MI-10

Jobs Reported

15

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4500.00

Payroll Proceed

134746.00

Mortgage Interest Proceed

0.00

Rent Proceed

4900.00

Refinance EIDL Proceed

0.00

Health Care Proceed

11419.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

156479.72

Forgiveness Date

11/17/2020

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