PPP Loan information for Hoffmann quality tools usa inc.

$843,750

Hoffmann quality tools usa inc. was initially approved for PPP Loan of amount $843,750, the current approved amount is $843,750. The loan was approved on 04/15/2020 by The Pinnacle Bank reported 42 jobs and $843,750 was used to fund payroll.

Hoffmann quality tools usa inc. is Existing or more than 2 years old

PPP Loan Search / TN / KNOXVILLE / Hoffmann quality tools usa inc.

HOFFMANN QUALITY TOOLS USA INC.

Date Approved

04/15/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

HOFFMANN QUALITY TOOLS USA INC.

Borrower Address

202 SEVEN OAKS DR

Borrower City

KNOXVILLE

Borrower State

TN

Borrower Zip

37922

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

843750.00

Current Approval Amount

843750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KNOXVILLE

Project County Name

KNOX

Project State

TN

Project Zip

37922-0001

CD

TN-02

Jobs Reported

42

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

843750.00

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

848627.57

Forgiveness Date

11/23/2020

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