PPP Loan information for Mobile abrasives, inc.

$154,235

Mobile abrasives, inc. was initially approved for PPP Loan of amount $154,235, the current approved amount is $154,235. The loan was approved on 04/12/2020 by The PNC Bank, National Association reported 13 jobs and $154,235 was used to fund payroll.

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

MOBILE ABRASIVES, INC.

Date Approved

04/12/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MOBILE ABRASIVES, INC.

Borrower Address

6927 MAC DRIVE

Borrower City

THEODORE

Borrower State

AL

Borrower Zip

36582-8537

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

154235.00

Current Approval Amount

154235.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

THEODORE

Project County Name

MOBILE

Project State

AL

Project Zip

36582-8537

CD

AL-01

Jobs Reported

13

NAICS Code

332813

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

12852.92

Payroll Proceed

115676.25

Mortgage Interest Proceed

12852.92

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

12852.91

Business Type

Corporation

Originating Lender Location Id

102000

Originating Lender

First Source FCU

Originating Lender City

NEW HARTFORD

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

155516.01

Forgiveness Date

02/11/2021

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