PPP Loan information for American tooling center inc.

$2,000,000

American tooling center inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 05/27/2021 by The Comerica Bank reported 295 jobs and $2,000,000 was used to fund payroll.

American tooling center inc. is Existing or more than 2 years old

PPP Loan Search / MI / Grass Lake / American tooling center inc.

AMERICAN TOOLING CENTER INC.

Date Approved

05/27/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

AMERICAN TOOLING CENTER INC.

Borrower Address

4111 Mount Hope Rd

Borrower City

Grass Lake

Borrower State

MI

Borrower Zip

49240-9513

Loan Status Date

05/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Grass Lake

Project County Name

JACKSON

Project State

MI

Project Zip

49240-9513

CD

MI-07

Jobs Reported

295

NAICS Code

333514

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2017888.89

Forgiveness Date

04/20/2022

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