ABRASIVE SPECIALTIES AND TOOLS INC (OH) - 2020 PPP Loan Borrower Profile (# 3446808406)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABRASIVE SPECIALTIES AND TOOLS 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 Ohio.

Loan Detail

Loan Number

3446808406

SBA Office Code

0593

Processing Method

PPS

Curent Loan Amount

$50,346

Date Loan was Approved

Feb 5, 2021

Amount Forgiven

$50,704.02

Date Loan was Forgiven

Oct 25, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

50,344

Lender

PNC Bank, National Association

Business Detail

Business Type

Corporation

NAICS

423840

Borrower Location

Cincinnati, OH

Project Location

Cincinnati, OH

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.