Abrasive-Tool Corporation

$952,907 PPP Loan in Rochester, New York

Loan Details

Loan Number
8145177105
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$952,907
Current Approval
$952,907
Forgiveness Amount
$960,661
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Abrasive-Tool Corporation
Address
1555 Emerson Street
ZIP Code
14606
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423830)
Business Age
Existing or more than 2 years old
Jobs Reported
53
Estimated Revenue
$16.2M
Rural/Urban
Urban
Congressional District
NY-25

Loan Use Breakdown

Payroll
$847,907
Health Care
$105,000

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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