# PPP loan: ABRASIVES INCORPORATED
> **$563K** approved 01/29/2021 · Paid in Full · Loan `8382428304`
## Borrower
- **Name:** ABRASIVES INCORPORATED
- **Address:** 4090 Highway 49, Glen Ullin, ND, 58631-9742
- **NAICS:** 212399
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $563K
- **Initial approval:** $563K
- **Forgiven:** $566K (101%)
- **Forgiveness date:** 08/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $563K
- **Utilities:** $1
- **Jobs reported:** 24
## Lender
- **Originating:** Choice Financial Group
- **Servicing:** Choice Financial Group (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*