PPP Loan information for Federal tool & engineering, llc

$543,500

Federal tool & engineering, llc was initially approved for PPP Loan of amount $543,500, the current approved amount is $543,500. The loan was approved on 04/06/2020 by The Summit CU reported 60 jobs and $543,500 was used to fund payroll.

Federal tool & engineering, llc is Existing or more than 2 years old

PPP Loan Search / WI / WEST BEND / Federal tool & engineering, llc

FEDERAL TOOL & ENGINEERING, LLC

Date Approved

04/06/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

FEDERAL TOOL & ENGINEERING, LLC

Borrower Address

2150 STONEBRIDGE RD

Borrower City

WEST BEND

Borrower State

WI

Borrower Zip

53095-5235

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

543500.00

Current Approval Amount

543500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

108074

Servicing Lender Name

Summit CU

Servicing Lender Address

1709 Landmark Dr

Servicing Lender City

COTTAGE GROVE

Servicing Lender State

WI

Servicing Lender Zip

53527-8957

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST BEND

Project County Name

WASHINGTON

Project State

WI

Project Zip

53095-5235

CD

WI-05

Jobs Reported

60

NAICS Code

425120

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

543500.00

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

Partnership

Originating Lender Location Id

108074

Originating Lender

Summit CU

Originating Lender City

COTTAGE GROVE

Originating Lender State

WI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

536394.05

Forgiveness Date

11/05/2020

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