PPP borrower record
MODERN ABRASIVE CORP PPP loan record
Public SBA PPP loan record for MODERN ABRASIVE CORP. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$697,020
Approved amount
N/A
Forgiven amount
2021-02-08
Date approved
Borrower and loan details
Borrower
MODERN ABRASIVE CORP
Loan number
5197088401
Business type
Corporation
Business age
Existing or more than 2 years old
Borrower city
Spring Grove
Borrower state
Illinois
Borrower ZIP
60081
Jobs reported
64
Loan status
Exemption 4
Forgiveness date
N/A
Servicing lender
State Bank
Originating lender
State Bank
Reported use of proceeds
Payroll
$697,018
Rent
N/A
Utilities
$1
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A
Location pages
Related directories
Source note
PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.