PPP Loan information for Grier abrasive co.inc.

$704,855

Grier abrasive co.inc. was initially approved for PPP Loan of amount $704,855, the current approved amount is $704,855. The loan was approved on 01/20/2021 by The Old National Bank reported 62 jobs and $704,855 was used to fund payroll.

Grier abrasive co.inc. is Existing or more than 2 years old

PPP Loan Search / IL / South Holland / Grier abrasive co.inc.

GRIER ABRASIVE CO.INC.

Date Approved

01/20/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

GRIER ABRASIVE CO.INC.

Borrower Address

123 W Taft Dr

Borrower City

South Holland

Borrower State

IL

Borrower Zip

60473-2034

Loan Status Date

08/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

704855.00

Current Approval Amount

704855.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

South Holland

Project County Name

COOK

Project State

IL

Project Zip

60473-2034

CD

IL-02

Jobs Reported

62

NAICS Code

327910

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

704851.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Female Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

708633.81

Forgiveness Date

08/09/2021

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