PPP Loan information for Cav tool co

$191,877

Cav tool co was initially approved for PPP Loan of amount $191,877, the current approved amount is $191,877. The loan was approved on 03/23/2021 by The PNC Bank, National Association reported 14 jobs and $191,877 was used to fund payroll.

Cav tool co is Existing or more than 2 years old

CAV TOOL CO

Date Approved

03/23/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

CAV TOOL CO

Borrower Address

22605 Heslip Dr 22605 Heslip Dr

Borrower City

Novi

Borrower State

MI

Borrower Zip

48375-4142

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

191877.00

Current Approval Amount

191877.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Novi

Project County Name

OAKLAND

Project State

MI

Project Zip

48375-4142

CD

MI-06

Jobs Reported

14

NAICS Code

333514

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

191874.00

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

193358.72

Forgiveness Date

12/29/2021

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