# PPP loan: UNIVERSAL GRINDING CORPORATION
> **$369K** approved 01/28/2021 · Paid in Full · Loan `7329488307`
## Borrower
- **Name:** UNIVERSAL GRINDING CORPORATION
- **Address:** 1234 W 78th St, Cleveland, OH, 44102-1914
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $369K
- **Initial approval:** $369K
- **Forgiven:** $375K (101%)
- **Forgiveness date:** 08/04/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $369K
- **Utilities:** $1
- **Jobs reported:** 37
## Lender
- **Originating:** KeyBank National Association
- **Servicing:** KeyBank National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*