PPP Loan information for Ferro-ceramic grinding inc.

$661,900

Ferro-ceramic grinding inc. was initially approved for PPP Loan of amount $661,900, the current approved amount is $661,900. The loan was approved on 05/01/2020 by The Citizens Bank, National Association reported 44 jobs and $661,900 was used to fund payroll.

Ferro-ceramic grinding inc. is Existing or more than 2 years old

FERRO-CERAMIC GRINDING INC.

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

FERRO-CERAMIC GRINDING INC.

Borrower Address

5 Cornell Place

Borrower City

Wilmington

Borrower State

MA

Borrower Zip

01887

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

661900.00

Current Approval Amount

661900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wilmington

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01887-0001

CD

MA-06

Jobs Reported

44

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

661900.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

671184.73

Forgiveness Date

10/04/2021

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