ADVANCED SUPERABRASIVES INC (NC) - 2020 PPP Loan Borrower Profile (# 4400877201)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCED SUPERABRASIVES 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 North Carolina.

Loan Detail

Loan Number

4400877201

SBA Office Code

0460

Processing Method

PPP

Curent Loan Amount

$352,800

Date Loan was Approved

Apr 27, 2020

Amount Forgiven

$356,524

Date Loan was Forgiven

May 18, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

352,800

Lender

PNC Bank, National Association

Business Detail

Business Type

Corporation

NAICS

327910

Borrower Location

MARS HILL, NC

Project Location

MARS HILL, NC

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Unanswered

Data Source: SBA.