# PPP loan: ABRASIVE-TOOL CORPORATION
> **$902K** approved 01/29/2021 · Paid in Full · Loan `8521258302`
## Borrower
- **Name:** ABRASIVE-TOOL CORPORATION
- **Address:** 1555 Emerson St, Rochester, NY, 14606-3117
- **NAICS:** 423840
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $902K
- **Initial approval:** $902K
- **Forgiven:** $912K (101%)
- **Forgiveness date:** 03/17/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $902K
- **Jobs reported:** 53
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*