ABRASIVE SPECIALTIES AND TOOLS INC (OH) - 2020 PPP Loan Borrower Profile (# 6859157701)

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

6859157701

SBA Office Code

0593

Processing Method

PPP

Curent Loan Amount

$50,500

Date Loan was Approved

May 1, 2020

Amount Forgiven

$51,101.79

Date Loan was Forgiven

Jul 12, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

50,500

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

Unanswered

Data Source: SBA.