Same brand of pump I have. Mine is 115volt. No idea if mine even works, never had it plugged in.
I have used my SG very little and yet I find the grit all over items that are near it.
I am going to have to do something though, either with a vacuum system such as an ash vacuum (because of the sparks), mist system or flood. None of them are great choices IMHO. Maybe mist would be the way to go. Then you don't really have to worry about the coolant going rancid. I have never run flood in anything so that would be a new experience for me.
Also Dave, I would highly recommend watching Suburban tool and That Lazy Machinist videos on the SG.