PPP Loan information for Advanced grinding inc

$383,440

Advanced grinding inc was initially approved for PPP Loan of amount $383,440, the current approved amount is $383,440. The loan was approved on 04/16/2020 by The JPMorgan Chase Bank, National Association reported 24 jobs and $383,440 was used to fund payroll.

Advanced grinding inc is Existing or more than 2 years old

ADVANCED GRINDING INC

Date Approved

04/16/2020

SBA Office Code

0912

Processing Method

PPP

Borrower Name

ADVANCED GRINDING INC

Borrower Address

812 49TH AVE

Borrower City

OAKLAND

Borrower State

CA

Borrower Zip

94601

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

383440.00

Current Approval Amount

383440.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

OAKLAND

Project County Name

ALAMEDA

Project State

CA

Project Zip

94601-0001

CD

CA-12

Jobs Reported

24

NAICS Code

332991

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

24000.00

Payroll Proceed

340000.00

Mortgage Interest Proceed

0.00

Rent Proceed

19440.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

387145.52

Forgiveness Date

04/08/2021

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