PPP Loan information for Acra grinding co

$409,822

Acra grinding co was initially approved for PPP Loan of amount $409,822, the current approved amount is $409,822. The loan was approved on 03/17/2021 by The PNC Bank, National Association reported 21 jobs and $409,822 was used to fund payroll.

Acra grinding co is Existing or more than 2 years old

PPP Loan Search / MI / Sterling Heights / Acra grinding co

ACRA GRINDING CO

Date Approved

03/17/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

ACRA GRINDING CO

Borrower Address

40597 Brentwood Dr 40597 Brentwood Dr

Borrower City

Sterling Heights

Borrower State

MI

Borrower Zip

48310-2210

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

409822.00

Current Approval Amount

409822.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

Sterling Heights

Project County Name

MACOMB

Project State

MI

Project Zip

48310-2210

CD

MI-10

Jobs Reported

21

NAICS Code

336350

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

409819.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

412895.67

Forgiveness Date

12/14/2021

;