PPP Loan information for Professional tool grinding co. inc.

$612,485

Professional tool grinding co. inc. was initially approved for PPP Loan of amount $612,485, the current approved amount is $612,485. The loan was approved on 02/09/2021 by The Bank of America, National Association reported 28 jobs and $612,485 was used to fund payroll.

Professional tool grinding co. inc. is Existing or more than 2 years old

PPP Loan Search / MA / South Easton / Professional tool grinding co. inc.

PROFESSIONAL TOOL GRINDING CO. INC.

Date Approved

02/09/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

PROFESSIONAL TOOL GRINDING CO. INC.

Borrower Address

18 Plymouth Dr

Borrower City

South Easton

Borrower State

MA

Borrower Zip

02375-1163

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

612485.00

Current Approval Amount

612485.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

South Easton

Project County Name

BRISTOL

Project State

MA

Project Zip

02375-1163

CD

MA-08

Jobs Reported

28

NAICS Code

333517

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

612482.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

619885.16

Forgiveness Date

04/28/2022

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