PPP Loan information for Superabrasives, inc.

$350,000

Superabrasives, inc. was initially approved for PPP Loan of amount $725,680, the current approved amount is $350,000. The loan was approved on 08/01/2020 by The The Huntington National Bank reported 59 jobs and $350,000 was used to fund payroll.

Superabrasives, inc. is Existing or more than 2 years old

PPP Loan Search / MI / WIXOM / Superabrasives, inc.

SUPERABRASIVES, INC.

Date Approved

08/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SUPERABRASIVES, INC.

Borrower Address

28047 Grand Oaks Court

Borrower City

WIXOM

Borrower State

MI

Borrower Zip

48393-3340

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

725680.00

Current Approval Amount

350000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WIXOM

Project County Name

OAKLAND

Project State

MI

Project Zip

48393-3340

CD

MI-11

Jobs Reported

59

NAICS Code

332999

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

350000.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

354535.62

Forgiveness Date

12/14/2021

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