Schaffer Grinding Co., INC

$539,137 PPP Loan in Montebello, California

Loan Details

Loan Number
3116627107
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$539,137
Current Approval
$539,137
Forgiveness Amount
$542,623
Forgiveness Date
Dec 21, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Schaffer Grinding Co., INC
Address
848 S Maple Ave
ZIP Code
90640-5487
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
41
Estimated Revenue
$10.0M
Rural/Urban
Urban
Congressional District
CA-38

Loan Use Breakdown

Payroll
$486,550
Health Care
$52,587

Lender Information

Servicing Lender
City National Bank
Originating Lender
City National Bank

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