PPP Loan information for Custom tool and manufacturing co.

$406,600

Custom tool and manufacturing co. was initially approved for PPP Loan of amount $406,600, the current approved amount is $406,600. The loan was approved on 04/05/2020 by The Central Bank & Trust Co. reported 38 jobs and $406,600 was used to fund payroll.

Custom tool and manufacturing co. is Existing or more than 2 years old

CUSTOM TOOL AND MANUFACTURING CO.

Date Approved

04/05/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

CUSTOM TOOL AND MANUFACTURING CO.

Borrower Address

1031 INDUSTRY RD

Borrower City

LAWRENCEBURG

Borrower State

KY

Borrower Zip

40342-9225

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

406600.00

Current Approval Amount

406600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27196

Servicing Lender Name

Central Bank & Trust Co.

Servicing Lender Address

300 W Vine St

Servicing Lender City

LEXINGTON

Servicing Lender State

KY

Servicing Lender Zip

40507-1621

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAWRENCEBURG

Project County Name

ANDERSON

Project State

KY

Project Zip

40342-9225

CD

KY-06

Jobs Reported

38

NAICS Code

333514

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15600.00

Payroll Proceed

375000.00

Mortgage Interest Proceed

0.00

Rent Proceed

16000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

27196

Originating Lender

Central Bank & Trust Co.

Originating Lender City

LEXINGTON

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

411174.25

Forgiveness Date

05/26/2021

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