PPP Loan information for Northwest abrasives & supply inc

$94,296

Northwest abrasives & supply inc was initially approved for PPP Loan of amount $94,296, the current approved amount is $94,296. The loan was approved on 04/27/2020 by The First National Bank reported 9 jobs and $94,296 was used to fund payroll.

Northwest abrasives & supply inc is Existing or more than 2 years old

PPP Loan Search / AL / HALEYVILLE / Northwest abrasives & supply inc

NORTHWEST ABRASIVES & SUPPLY INC

Date Approved

04/27/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

NORTHWEST ABRASIVES & SUPPLY INC

Borrower Address

1191 SAM LETSON INDUSTRIAL RD

Borrower City

HALEYVILLE

Borrower State

AL

Borrower Zip

35565-6049

Loan Status Date

11/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

94296.45

Current Approval Amount

94296.45

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2023

Servicing Lender Name

First National Bank

Servicing Lender Address

341 Military St South

Servicing Lender City

HAMILTON

Servicing Lender State

AL

Servicing Lender Zip

35570-5567

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HALEYVILLE

Project County Name

WINSTON

Project State

AL

Project Zip

35565-6049

CD

AL-04

Jobs Reported

9

NAICS Code

337110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9429.64

Payroll Proceed

75437.16

Mortgage Interest Proceed

9429.65

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

2023

Originating Lender

First National Bank

Originating Lender City

HAMILTON

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

85694.50

Forgiveness Date

10/15/2020

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