Current business record

MODERN ABRASIVE CORP

We found 2 public loan records at or above $150,000 in the current SBA release.

This is a historical government-data listing. It does not establish wrongdoing, eligibility, forgiveness, or the final amount disbursed.

Loan 1

$350,000–1 million
Filed business name
MODERN ABRASIVE CORP
Approval date
Feb 8, 2021
Initial approval amount
$697,020.00
Current approval amount
$697,020.00
Loan status
Paid in Full (Aug 21, 2021)
Forgiveness amount
$700,552.84
Jobs reported
64
Address
2855 N US Highway 12
Spring Grove, IL 60081-7808
Lender
First Secure State Bank
NAICS code
327910
Business type
Corporation
Congressional district
IL-10

Loan 2

$350,000–1 million
Filed business name
MODERN ABRASIVE CORP.
Approval date
Apr 7, 2020
Initial approval amount
$697,020.00
Current approval amount
$697,020.00
Loan status
Exemption 4
Forgiveness amount
$637,059.49
Jobs reported
92
Address
2855 N US HIGHWAY 12
SPRING GROVE, IL 60081-7808
Lender
First Secure State Bank
NAICS code
333999
Business type
Corporation
Congressional district
IL-10