# PPP loan: GRINDING COMPANY OF AMERICA
> **$323K** approved 04/13/2020 · Paid in Full · Loan `4871237106`
## Borrower
- **Name:** GRINDING COMPANY OF AMERICA
- **Address:** 105 Annabelle Avenue, BROOKLYN, MD, 21225-1730
- **NAICS:** 812990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $323K
- **Initial approval:** $323K
- **Forgiven:** $325K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $323K
- **Jobs reported:** 23
## Lender
- **Originating:** Arundel Federal Savings Bank
- **Servicing:** Arundel Federal Savings Bank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*