PPP Loan information for Accurate carbide tool co, inc.

$113,000

Accurate carbide tool co, inc. was initially approved for PPP Loan of amount $113,000, the current approved amount is $113,000. The loan was approved on 04/27/2020 by The 1st State Bank reported 9 jobs and $113,000 was used to fund payroll.

Accurate carbide tool co, inc. is Existing or more than 2 years old

ACCURATE CARBIDE TOOL CO, INC.

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ACCURATE CARBIDE TOOL CO, INC.

Borrower Address

5655 WESTERVELT RD

Borrower City

SAGINAW

Borrower State

MI

Borrower Zip

48604-1237

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

113000.00

Current Approval Amount

113000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378002

Servicing Lender Name

1st State Bank

Servicing Lender Address

4800 Fashion Square Blvd, Ste 100

Servicing Lender City

SAGINAW

Servicing Lender State

MI

Servicing Lender Zip

48604-2619

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAGINAW

Project County Name

SAGINAW

Project State

MI

Project Zip

48604-1237

CD

MI-08

Jobs Reported

9

NAICS Code

332721

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

12000.00

Payroll Proceed

100000.00

Mortgage Interest Proceed

1000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

378002

Originating Lender

1st State Bank

Originating Lender City

SAGINAW

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

113656.03

Forgiveness Date

11/27/2020

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