PPP Loan information for General abrasives, inc.

$92,000

General abrasives, inc. was initially approved for PPP Loan of amount $92,000, the current approved amount is $92,000. The loan was approved on 04/28/2020 by The Bar Harbor Bank & Trust reported 7 jobs and $92,000 was used to fund payroll.

General abrasives, inc. is Existing or more than 2 years old

GENERAL ABRASIVES, INC.

Date Approved

04/28/2020

SBA Office Code

0150

Processing Method

PPP

Borrower Name

GENERAL ABRASIVES, INC.

Borrower Address

103 Commerce Park

Borrower City

SHARON

Borrower State

VT

Borrower Zip

05065

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

92000.00

Current Approval Amount

92000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29575

Servicing Lender Name

Bar Harbor Bank & Trust

Servicing Lender Address

82 Main St

Servicing Lender City

BAR HARBOR

Servicing Lender State

ME

Servicing Lender Zip

04609-1840

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SHARON

Project County Name

WINDSOR

Project State

VT

Project Zip

05065-0001

CD

VT-

Jobs Reported

7

NAICS Code

327910

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

92000.00

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

29575

Originating Lender

Bar Harbor Bank & Trust

Originating Lender City

BAR HARBOR

Originating Lender State

ME

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

92508.56

Forgiveness Date

11/23/2020

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