PPP Loan information for Performance tool and abrasives, inc.

$142,200

Performance tool and abrasives, inc. was initially approved for PPP Loan of amount $142,200, the current approved amount is $142,200. The loan was approved on 04/09/2020 by The The State Bank and Trust Company reported 9 jobs and $142,200 was used to fund payroll.

Performance tool and abrasives, inc. is Existing or more than 2 years old

PERFORMANCE TOOL AND ABRASIVES, INC.

Date Approved

04/09/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

PERFORMANCE TOOL AND ABRASIVES, INC.

Borrower Address

2112 Monroe Street

Borrower City

TOLEDO

Borrower State

OH

Borrower Zip

43604-7122

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

142200.00

Current Approval Amount

142200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57477

Servicing Lender Name

The State Bank and Trust Company

Servicing Lender Address

401 Clinton St

Servicing Lender City

DEFIANCE

Servicing Lender State

OH

Servicing Lender Zip

43512-2632

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

TOLEDO

Project County Name

LUCAS

Project State

OH

Project Zip

43604-7122

CD

OH-09

Jobs Reported

9

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

142200.00

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

Corporation

Originating Lender Location Id

57477

Originating Lender

The State Bank and Trust Company

Originating Lender City

DEFIANCE

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

143807.65

Forgiveness Date

06/04/2021

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