PPP Loan information for Grinding specialists inc

$249,700

Grinding specialists inc was initially approved for PPP Loan of amount $249,700, the current approved amount is $249,700. The loan was approved on 04/15/2020 by The Citizens Bank, National Association reported 36 jobs and $249,700 was used to fund payroll.

Grinding specialists inc is Existing or more than 2 years old

PPP Loan Search / MI / WESTLAND / Grinding specialists inc

GRINDING SPECIALISTS INC

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

GRINDING SPECIALISTS INC

Borrower Address

38310 ABRUZZI DR

Borrower City

WESTLAND

Borrower State

MI

Borrower Zip

48185

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

249700.00

Current Approval Amount

249700.00

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

WESTLAND

Project County Name

WAYNE

Project State

MI

Project Zip

48185-0001

CD

MI-12

Jobs Reported

36

NAICS Code

333517

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

249700.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

253277.89

Forgiveness Date

10/04/2021

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