PPP Loan information for Custom tool inc.

$146,032

Custom tool inc. was initially approved for PPP Loan of amount $146,032, the current approved amount is $146,032. The loan was approved on 01/25/2021 by The Builtwell Bank reported 18 jobs and $146,032 was used to fund payroll.

Custom tool inc. is Existing or more than 2 years old

CUSTOM TOOL INC.

Date Approved

01/25/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

CUSTOM TOOL INC.

Borrower Address

2334 Mike Maxwell Rd

Borrower City

Cookeville

Borrower State

TN

Borrower Zip

38506-6554

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

146032.00

Current Approval Amount

146032.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67085

Servicing Lender Name

Builtwell Bank

Servicing Lender Address

728 Broad St

Servicing Lender City

CHATTANOOGA

Servicing Lender State

TN

Servicing Lender Zip

37402-1801

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cookeville

Project County Name

PUTNAM

Project State

TN

Project Zip

38506-6554

CD

TN-06

Jobs Reported

18

NAICS Code

337211

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

146030.00

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

Corporation

Originating Lender Location Id

67085

Originating Lender

Builtwell Bank

Originating Lender City

CHATTANOOGA

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

146701.31

Forgiveness Date

07/20/2021

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