PPP Loan information for Central tools, inc.

$244,000

Central tools, inc. was initially approved for PPP Loan of amount $244,000, the current approved amount is $244,000. The loan was approved on 04/14/2020 by The Bristol County Savings Bank reported 26 jobs and $244,000 was used to fund payroll.

Central tools, inc. is Existing or more than 2 years old

CENTRAL TOOLS, INC.

Date Approved

04/14/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

CENTRAL TOOLS, INC.

Borrower Address

456 WELLINGTON AVE

Borrower City

CRANSTON

Borrower State

RI

Borrower Zip

02910-2900

Loan Status Date

02/07/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

244000.00

Current Approval Amount

244000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33371

Servicing Lender Name

Bristol County Savings Bank

Servicing Lender Address

29 Broadway

Servicing Lender City

TAUNTON

Servicing Lender State

MA

Servicing Lender Zip

02780-3269

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CRANSTON

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02910-2900

CD

RI-02

Jobs Reported

26

NAICS Code

332216

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6500.00

Payroll Proceed

218000.00

Mortgage Interest Proceed

0.00

Rent Proceed

6500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6500.00

Debt Interest Proceed

6500

Business Type

Corporation

Originating Lender Location Id

33371

Originating Lender

Bristol County Savings Bank

Originating Lender City

TAUNTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

245701.22

Forgiveness Date

12/31/2020

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