PPP Loan information for Abrading methods, inc.

$99,272

Abrading methods, inc. was initially approved for PPP Loan of amount $99,272, the current approved amount is $99,272. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 10 jobs and $99,272 was used to fund payroll.

Abrading methods, inc. is New Business or 2 years or less

PPP Loan Search / IL / ELGIN / Abrading methods, inc.

ABRADING METHODS, INC.

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ABRADING METHODS, INC.

Borrower Address

1011 DAVIS RD

Borrower City

ELGIN

Borrower State

IL

Borrower Zip

60123-1313

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

99272.00

Current Approval Amount

99272.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ELGIN

Project County Name

KANE

Project State

IL

Project Zip

60123-1313

CD

IL-08

Jobs Reported

10

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

99272.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

100085.21

Forgiveness Date

02/25/2021

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