ABRASIVE FINISHING INC (MI) - 2020 PPP Loan Borrower Profile (# 6744158501)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABRASIVE FINISHING INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Michigan.

Loan Detail

Loan Number

6744158501

SBA Office Code

0515

Processing Method

PPS

Curent Loan Amount

$118,825

Date Loan was Approved

Mar 4, 2021

Amount Forgiven

$119,570.96

Date Loan was Forgiven

Oct 25, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

118,824

Lender

PNC Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

327910

Borrower Location

Chelsea, MI

Project Location

Chelsea, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.