PPP Loan information for Specialized grinding systems inc

$242,800

Specialized grinding systems inc was initially approved for PPP Loan of amount $242,800, the current approved amount is $242,800. The loan was approved on 01/27/2021 by The Fidelity Deposit and Discount Bank reported 17 jobs and $242,800 was used to fund payroll.

Specialized grinding systems inc is Existing or more than 2 years old

SPECIALIZED GRINDING SYSTEMS INC

Date Approved

01/27/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

SPECIALIZED GRINDING SYSTEMS INC

Borrower Address

432 Mount Bethel Hwy

Borrower City

Bangor

Borrower State

PA

Borrower Zip

18013-5242

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

242800.00

Current Approval Amount

242800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60093

Servicing Lender Name

Fidelity Deposit and Discount Bank

Servicing Lender Address

101 S Blakely St

Servicing Lender City

DUNMORE

Servicing Lender State

PA

Servicing Lender Zip

18512

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bangor

Project County Name

NORTHAMPTON

Project State

PA

Project Zip

18013-5242

CD

PA-07

Jobs Reported

17

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

242800.00

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

60093

Originating Lender

Fidelity Deposit and Discount Bank

Originating Lender City

DUNMORE

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

244911.01

Forgiveness Date

12/14/2021

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