PPP Loan information for Allan tool & machine co inc

$325,500

Allan tool & machine co inc was initially approved for PPP Loan of amount $325,500, the current approved amount is $325,500. The loan was approved on 04/14/2020 by The PNC Bank, National Association reported 44 jobs and $325,500 was used to fund payroll.

Allan tool & machine co inc is Existing or more than 2 years old

ALLAN TOOL & MACHINE CO INC

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ALLAN TOOL & MACHINE CO INC

Borrower Address

1822 E MAPLE ROAD

Borrower City

Troy

Borrower State

MI

Borrower Zip

48083

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

325500.00

Current Approval Amount

325500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Troy

Project County Name

OAKLAND

Project State

MI

Project Zip

48083-0899

CD

MI-11

Jobs Reported

44

NAICS Code

332721

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

325500.00

Mortgage Interest Proceed

0.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

328926.79

Forgiveness Date

05/06/2021

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