PPP Loan information for Abrasives & tools of nh, inc.

$350,800

Abrasives & tools of nh, inc. was initially approved for PPP Loan of amount $350,800, the current approved amount is $350,800. The loan was approved on 04/13/2020 by The Merrimack County Savings Bank reported 26 jobs and $350,800 was used to fund payroll.

Abrasives & tools of nh, inc. is Existing or more than 2 years old

ABRASIVES & TOOLS OF NH, INC.

Date Approved

04/13/2020

SBA Office Code

0189

Processing Method

PPP

Borrower Name

ABRASIVES & TOOLS OF NH, INC.

Borrower Address

49 SHEEP DAVIS RD

Borrower City

PEMBROKE

Borrower State

NH

Borrower Zip

03275-3705

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

350800.00

Current Approval Amount

350800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42989

Servicing Lender Name

Merrimack County Savings Bank

Servicing Lender Address

89 N Main St

Servicing Lender City

CONCORD

Servicing Lender State

NH

Servicing Lender Zip

03301-4935

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PEMBROKE

Project County Name

MERRIMACK

Project State

NH

Project Zip

03275-3705

CD

NH-02

Jobs Reported

26

NAICS Code

423840

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

350800.00

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

42989

Originating Lender

Merrimack County Savings Bank

Originating Lender City

CONCORD

Originating Lender State

NH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

342630.05

Forgiveness Date

11/03/2020

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