PPP Loan information for Cold forming technology, inc.

$246,700

Cold forming technology, inc. was initially approved for PPP Loan of amount $246,700, the current approved amount is $246,700. The loan was approved on 04/28/2020 by The Comerica Bank reported 21 jobs and $246,700 was used to fund payroll.

Cold forming technology, inc. is Existing or more than 2 years old

PPP Loan Search / MI / Sterling Heights / Cold forming technology, inc.

COLD FORMING TECHNOLOGY, INC.

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

COLD FORMING TECHNOLOGY, INC.

Borrower Address

44476 Phoenix Dr.

Borrower City

Sterling Heights

Borrower State

MI

Borrower Zip

48314-1467

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

246700.00

Current Approval Amount

246700.00

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

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Sterling Heights

Project County Name

MACOMB

Project State

MI

Project Zip

48314-1467

CD

MI-10

Jobs Reported

21

NAICS Code

333514

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

197396.06

Mortgage Interest Proceed

49303.94

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

248947.71

Forgiveness Date

03/31/2021

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