PPP borrower record

TODD TOOL & ABRASIVE SYSTEMS, INC. PPP loan record

Public SBA PPP loan record for TODD TOOL & ABRASIVE SYSTEMS, INC.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$195,400
Approved amount
$196,952
Forgiven amount
2020-04-11
Date approved

Borrower and loan details

Borrower
TODD TOOL & ABRASIVE SYSTEMS, INC.
Loan number
3007127100
Business type
Subchapter S Corporation
Business age
New Business or 2 years or less
Borrower city
Ipswich
Borrower state
Massachusetts
Borrower ZIP
01938
Jobs reported
11
Loan status
Exemption 4
Forgiveness date
2021-02-02
Servicing lender
Salem Five Cents Savings Bank
Originating lender
Salem Five Cents Savings Bank

Reported use of proceeds

Payroll
$195,400
Rent
N/A
Utilities
N/A
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A

Location pages

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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.
TODD TOOL & ABRASIVE SYSTEMS, INC. PPP Loan Record | PPP Loan Map