PPP Loan information for Grinding company of america

$322,613

Grinding company of america was initially approved for PPP Loan of amount $322,613, the current approved amount is $322,613. The loan was approved on 04/13/2020 by The Arundel Federal Savings Bank reported 23 jobs and $322,613 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

04/13/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

GRINDING COMPANY OF AMERICA

Borrower Address

105 Annabelle Avenue

Borrower City

BROOKLYN

Borrower State

MD

Borrower Zip

21225-1730

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

322612.95

Current Approval Amount

322612.95

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

N

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

23

NAICS Code

812990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

322612.95

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

314575.46

Forgiveness Date

11/30/2020

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