# PPP loan: NEW ROCHELLE PRECISION GRINDING CORP
> **$199K** approved 04/14/2020 · Paid in Full · Loan `5955827108`
## Borrower
- **Name:** NEW ROCHELLE PRECISION GRINDING CORP
- **Address:** 945 Spring Rd, Pelham Manor, NY, 10803
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $199K
- **Initial approval:** $199K
- **Forgiven:** $201K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $199K
- **Jobs reported:** 18
## Lender
- **Originating:** Orange Bank & Trust Company
- **Servicing:** Orange Bank & Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*