# PPP loan: CENTERLESS GRINDING INC.
> **$307K** approved 04/21/2021 · Paid in Full · Loan `7562928805`
## Borrower
- **Name:** CENTERLESS GRINDING INC.
- **Address:** 18167 N State Highway 7, Dardanelle, AR, 72834-7024
- **NAICS:** 336413
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $307K
- **Initial approval:** $307K
- **Forgiven:** $309K (101%)
- **Forgiveness date:** 01/21/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $307K
- **Utilities:** $1
- **Jobs reported:** 33
## Lender
- **Originating:** Arkansas Capital Corporation
- **Servicing:** Arkansas Capital Corporation (AR)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*