PPP Loan information for United grinding and machine co.

$413,443

United grinding and machine co. was initially approved for PPP Loan of amount $413,443, the current approved amount is $413,443. The loan was approved on 02/18/2021 by The Premier Bank reported 27 jobs and $413,443 was used to fund payroll.

United grinding and machine co. is Existing or more than 2 years old

PPP Loan Search / OH / Canton / United grinding and machine co.

UNITED GRINDING AND MACHINE CO.

Date Approved

02/18/2021

SBA Office Code

0549

Processing Method

PPP

Borrower Name

UNITED GRINDING AND MACHINE CO.

Borrower Address

2315 Ellis Ave NE

Borrower City

Canton

Borrower State

OH

Borrower Zip

44705-4603

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

413442.50

Current Approval Amount

413442.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84349

Servicing Lender Name

Premier Bank

Servicing Lender Address

275 W Federal St

Servicing Lender City

YOUNGSTOWN

Servicing Lender State

OH

Servicing Lender Zip

44503

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Canton

Project County Name

STARK

Project State

OH

Project Zip

44705-4603

CD

OH-13

Jobs Reported

27

NAICS Code

332999

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

413442.50

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

84349

Originating Lender

Premier Bank

Originating Lender City

YOUNGSTOWN

Originating Lender State

OH

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

417496.53

Forgiveness Date

02/08/2022

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