Industrial Abrasives Co

$86,600 PPP Loan in Reading, Pennsylvania

Loan Details

Loan Number
5273457009
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$86,600
Current Approval
$86,600
Forgiveness Amount
$87,083
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Industrial Abrasives Co
Address
642 N 8th Street
ZIP Code
19601-4113
Business Type
Corporation
Industry (NAICS)
Manufacturing (327910)
Business Age
Existing or more than 2 years old
Jobs Reported
15
Estimated Revenue
$14.9M
Rural/Urban
Urban
Congressional District
PA-06

Loan Use Breakdown

Payroll
$86,600

Lender Information

Servicing Lender
Mid Penn Bank
Originating Lender
Mid Penn Bank

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