PPP Loan information for Grinding company of america

$261,338

Grinding company of america was initially approved for PPP Loan of amount $261,338, the current approved amount is $261,338. The loan was approved on 01/21/2021 by The Arundel Federal Savings Bank reported 18 jobs and $261,338 was used to fund payroll.

Grinding company of america is Existing or more than 2 years old

PPP Loan Search / MD / Brooklyn / Grinding company of america

GRINDING COMPANY OF AMERICA

Date Approved

01/21/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

GRINDING COMPANY OF AMERICA

Borrower Address

105 Annabel Ave

Borrower City

Brooklyn

Borrower State

MD

Borrower Zip

21225-1730

Loan Status Date

02/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

261338.00

Current Approval Amount

261338.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

80108

Servicing Lender Name

Arundel Federal Savings Bank

Servicing Lender Address

655 Crain Hwy South

Servicing Lender City

GLEN BURNIE

Servicing Lender State

MD

Servicing Lender Zip

21061-3856

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Brooklyn

Project County Name

BALTIMORE CITY

Project State

MD

Project Zip

21225-1730

CD

MD-07

Jobs Reported

18

NAICS Code

811490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

261334.00

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

80108

Originating Lender

Arundel Federal Savings Bank

Originating Lender City

GLEN BURNIE

Originating Lender State

MD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

263697.30

Forgiveness Date

12/28/2021

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