PPP Loan information for Spec abrasives and finishing inc

$107,745

Spec abrasives and finishing inc was initially approved for PPP Loan of amount $107,745, the current approved amount is $107,745. The loan was approved on 01/23/2021 by The First Community Bank reported 14 jobs and $107,745 was used to fund payroll.

Spec abrasives and finishing inc is Existing or more than 2 years old

PPP Loan Search / MI / Muskegon / Spec abrasives and finishing inc

SPEC ABRASIVES AND FINISHING INC

Date Approved

01/23/2021

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SPEC ABRASIVES AND FINISHING INC

Borrower Address

543 W Southern Ave

Borrower City

Muskegon

Borrower State

MI

Borrower Zip

49441-2323

Loan Status Date

02/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

107745.00

Current Approval Amount

107745.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35298

Servicing Lender Name

First Community Bank

Servicing Lender Address

200 E Main St

Servicing Lender City

HARBOR SPRINGS

Servicing Lender State

MI

Servicing Lender Zip

49740-1512

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Muskegon

Project County Name

MUSKEGON

Project State

MI

Project Zip

49441-2323

CD

MI-02

Jobs Reported

14

NAICS Code

332618

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

107740.00

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

Subchapter S Corporation

Originating Lender Location Id

35298

Originating Lender

First Community Bank

Originating Lender City

HARBOR SPRINGS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

108792.52

Forgiveness Date

01/18/2022

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