ACRA GRINDING CO (MI) - 2020 PPP Loan Borrower Profile (# 3695388608)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACRA GRINDING CO. 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

3695388608

SBA Office Code

0515

Processing Method

PPS

Curent Loan Amount

$409,822

Date Loan was Approved

Mar 17, 2021

Amount Forgiven

$412,895.67

Date Loan was Forgiven

Dec 14, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

409,819

Lender

PNC Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

336350

Borrower Location

Sterling Heights, MI

Project Location

Sterling Heights, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.